Which statement best describes the role of a credit agency? It tracks the use of credit for lenders. It predicts future earning potential for lenders. OIt teaches how to make smart financial decisions. It shows how saving money makes financial sense.

Q: True or False 1. Another advantage of having a personal financial plan is effective debt management.…

A: The time period mortgage refers to a sort of credit score automobile wherein a amount of money is…

Q: What are industry benchmarks, and why are they used in the credit evaluation process?

A: The answer for the question on the industry benchmarks used in the credit evaluation process is…

Q: What do I need to do to build a solid credit history and how can I maintain it?

A: credit score history is a method to judge a customer's capability of paying his credit amount taken…

Q: be the process by which the financial markets would operate to transfer the funds from savers to the…

A: Step 1 A financial market is a medium in economics that allows people to buy, sell, create, and…

Q: What is the main idea about personal finance and financial literacy

A: The main idea about personal finance and financial literacy revolves around the effective management…

Q: Financial Inclusion in Banking Directions for Future Research:* Suggest areas where further research…

A: Financial inclusion refers to the delivery of financial services at affordable costs to sections of…

Q: In your own understanding, can you utilize credit cards as a financial leverage in your own…

A: A credit card is a financial tool that allows individuals to borrow funds from a financial…

Q: Visit the web and find information on how social networks like Facebook have had some influence on…

A: The rules of credit card companies have been significantly influenced by Facebook and other social…

Q: Accountancy is a field that deals with money. What ideas and words are used there?

A: Accountancy is the field that deals to identify, measure, record, and communicate the monetary…

Q: Building a good credit rating is integral to which of the following? Ability to have access to…

A: Meaning: Credit rating is the measurement of the past performance of a company related to loans and…

Q: You will discuss credit from the lenders point of view. What factors do lenders consider when making…

A: A credit score is a numerical representation of a person's creditworthiness and indicates how well…

Q: Explain why a good credit rating is a valuable asset that should be nurtured and protected

A: Good credit rating should be nurtured and protected by the companies.

Q: ‘Financial intermediaries are vital to a well-functioning financial system’. Critically analyse this…

A: Financial intermediaries are institutions that serve as the middleman between savers and borrowers.

Q: • How an Investment Bank helps • How an Investment Bank helps Emerging trends in financial services…

A: Investment  Bank provides services related to arranging funds or acting as an advisory-based…

Q: You have been asked to do a presentation to a group of young entrepreneurs on “Investing Surplus…

A: The objective of this question is to prepare a speech on the topic of 'Investing Surplus Cash' for a…

Q: In managing credit risk for banks what are the two main concerns that banks have when lending money?…

A: Credit risk: It is the risk involved in receiving the interest and principal payments from the…

Q: what are some of the businesses that used credit card/s as their financial leverage?

A: A credit card is a financial tool that allows individuals to borrow funds from a financial…

Q: Financial wellbeing is more than just having enough money to pay bills and meet basic needs. It also…

A: Personal Stand on Debt In my view, debt should be approached with caution and strategic planning. It…