Select the correct answer.
What is the basis for a decision on an unsecured loan?
A.
collateral
B.
creditworthiness
C.
current lines of credit
D.
home equity
E.
all of the above
B. creditworthiness
Select the correct answer.
What aspect is factored into a credit score?
A.
account balances
B.
investment portfolios
C.
your choice of profession
D.
checking account overdraft
E.
credit inquiries
A. account balances
Drag the tiles to the correct boxes to complete the pairs.
Match the assessment with the appropriate concept.
Chapter 7
Chapter 13
Chapter 12
Chapter 15
designed for family farmers and fisherman to avoid liquidation and foreclosure
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designed for debtors who don't have regular income
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designed for international companies with either creditors or stakeholders in the U.S
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designed for debtors who will make regular payments to creditors
Chapter 7 - designed for debtors who will make regular payments to creditors
Chapter 13 - designed for debtors who don't have regular income
Chapter 12 - designed for family farmers and fisherman to avoid liquidation and foreclosure
Chapter 15 - designed for international companies with either creditors or stakeholders in the U.S
Drag each label to the correct location on the image.
Match the activities to the type of income they generate.
dividends
rent
interest
intellectual property sales
capital gains
multilevel marketing sales
profile income passive income