Question 7 Select the item that would be only a soft inquiry on your credit report. a car dealer checking your credit history to see if you could be approved for a loan a bank checking your credit history for a mortgage that you applied for a credit card company that you applied to looking at your credit history checking your own credit score on a legitimate website

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A: A mortgage is a contract between you and a lender that provides the lender the right to repossess…

Q: 2. Should you use a credit card when you can pay cash? Explain your reasons.

A: A credit card provides the holder access to funds for their use for which they have to pay later. It…

Q: Some credit repair companies have instant solutions to your credit problems. True O False

A: Credit repair companies are businesses that offer services to help consumers improve their credit.…

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Q: According to Dave Ramseys seven baby steps plan. What would be the pros and cons of using a credit…

A: Dave Ramsey’s seven baby steps plans consists of plans which make an individual financially…

Q: True or false: An example of a soft inquiry would be a credit card company looking into your credit…

A:

Q: Why it can be risky to provide credit card information over email/internet? Do you think, using a…

A: Answer: There is advancement of technology in todays world and there is scam and phishing. It can be…

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A: Saving accounts are for saving money and while checking account is for paying bills.

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A:

Q: What is a credit card’s grace period? A) it is the amount of time after a purchase and before it…

A: Introduction: The time between the end of the billing cycle and the payment due date is called the…

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A: Here in the questions, there are multiple sub-parts so we are doing the first three sub-parts  If…

Q: The Select one: establishes procedures for resolving billing errors on credit card accounts and…

A: The question is asking us to identify the act that sets the procedures for resolving billing errors…

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A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: All of the following can hurt your credit score EXCEPT

A: Credit Score: It is a metric used to measure the ability of individuals to pay back the amount…

Q: In your opinion, do the following Bank Products fall into a Routine, Limited or Extensive product…

A: Routine, limited, and extensive are categories used to describe the level of complexity and…

Q: Question 3 What is a personal check that's been certified as being good by the financial institution…

A: Personal check  A personal check is used to make payments from your bank account to other…

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A: Debit Card It is a payment card issued by the bank that deducts money directly from the consumer's…

Q: whats a debit and whats credit

A: In accounting the debit and credit are most widely to use in order to make journal entry and entry…

Q: The Select one: establishes procedures for resolving billing errors on credit card accounts and…

A: The objective of the question is to identify the correct act that establishes procedures for…

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A: Credit is a very important part of meeting one’s personal financial objective. It is used by…

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A: When borrower can take money out as needed untill the limit is reached and as money is repaid it can…

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A: Answer: Accounts receivables, notes receivables and accepting credit cards are three different modes…

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A: Authorized Deposit Taking Institutions are institutions that have been granted authorization by the…

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A: Introduction : In simple words, loans refers to the amount that one entity gives to the other entity…

Q: 4) Describe the difference between a hard inquiry and a soft inquiry. Give an example of each and…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: redit cards provide consumers with what is known as revolving credit. T

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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: What is the adjusting entry of Bank Reconciliation : Credit Memo- Proceed Bank Loan

A: Credit memo - proceed bank loan : A bank's credit memo is defined as the item where the bank account…

Q: is a short term loan against your credit card. Instead of using the credit card to make purchases or…

A: The credit card provides facilities to buy goods and services as well as withdraw cash for different…

Q: How do I get my card off here?

A: Hi.   You can ask our support team for this.

Q: List three entities that with legitimate reasons could check your credit report.

A: A credit report is a detailed summary of an individual's credit history. It contains information…