So-called "payday loans" are targeted primarily at "poor people" O True O False QUESTION 43 Term insurance can be used as collateral for secured lines of credit O True 4 False

Q: “A personal financial statement is a document that details an individual's assets and liabilities.…

A: Personal financial statement is referred to as the snapshot of the personal financial positioning of…

Q: To increase Prepaid Insurance a credit entry is needed. Select one: O True False

A: Assets are the resources owned by company. It has debit balance. Example:- Cash, accounts…

Q: Loans backed by a simple promise to repay are known as _____ loans. open-end credit revolving credit…

A: Loans can be of various types and kinds. Some loans require them to be backed by a collateral while…

Q: Common predatory mortgage lending practices include: (select all that apply) Question 4 options:…

A: Predatory mortgage lending practices are unethical tactics used by some lenders to exploit…

Q: A mortgage is a O short-term amortized loan that is secured by financial assets. O long-term…

A: A mortgage loan is a secured loan in which you borrow money by pledging your property as collateral…

Q: Short-term notes payable: Multiple Choice O O O O Are normally categorized as noncurrent…

A: Short-term notes payable is a negotiable instrument and it is classified as a current liabilities.…

Q: A lender is a creditor. Group of answer choices True False

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Discussion Topic Think about two important aspects of financial planning: insurance and investments.…

A: Insurance and investment both are essential components of one's financial planning for the future.…

Q: Default Pay Yourself First Interest [Choose ] [Choose] is a strategy in which saving is prioritized…

A: Term given: 1.Default 2. Pay Yourself First 3. Interest

Q: ‘BNM acts as lender of a last resort’. This statement implies that   Select one: BNM may provide…

A: A central bank is the lender of a last resort or comes to the fore in case of liquidity issues for…

Q: Nowadays, lenders are using credit scoring tool to analyze consumer loans. Discuss its advantageous.

A: Introduction : A credit scoring model can be understood as the risk management instrument that…

Q: True or False: Credit card accounts usually have lower interest rates than other forms of credit. O…

A: The answer for the True or false question and relevant explanation are presented hereunder :

Q: Is the following statement true or false? Open-end loans are often called line-of-credit accounts. O…

A: A loan provided by a financial body to a borrower that has a pre-approved credit limit and can be…

Q: Question 24 Which of the following is an advantage of debt over equity A It's generally cheaper B…

A: Meaning of Debt = Debt is a source of finance in which company/business is required to make payments…

Q: Need Help

A: Question: 71Write-Off Method:When a business makes a sale on account, that may not translate to…

Q: Q. 3 Briefly explain the five (5) primary methods or models that are commonly used, by banks, to…

A: Overview: It is very difficult to say if a borrower will default on a bank loan. Banks go through…

Q: What is the meaning of Gracian's maxim # 185 (clxxxv) "Never stake your Credit on a single Cast" in…

A: Gracian's maxim #185 from "The Art of Worldly Wisdom" cautions against depending too much on one…

Q: 4. In the lending operations, how many types of loan security? Which one is most p

A: Solution: Introduction: In finance, a loan is a borrowing amount lending(given) by one or more…

Q: Which type of loan can seem to be funded by the mortgage broker wher are not? a) A thrift…

A: A mortgage is a financial arrangement that enables individuals to secure funds for real estate…

Q: If a lending institution stipulates that a borrower must maintain an adequate insurance policy, this…

A: A loan is a type of debt that a person or another entity assumes. The lender, which is often a…

Q: When would you would use a Personal Loan? Why would you choose a Personal Loan over other methods of…

A: “Since you have posted multiple questions, we will solve fist question for you. If you want any…

Q: None

A: The most appropriate action to take to maintain the original integrity of the loan is to: Ensure…

Q: default risk of comm

A: Commercial real states are the types of loans in which independent lenders, banks, etc are actively…

Q: Finance Q: A producer has no obligation to a consumer under the Model Regulation related to any…

A: Model regulation related to annuity transaction- This model regulation made  recommendations…

Q: The two types of personal loans are Installment Loans and Demand Loans. True False

A: Introduction : In simple words, personal loans refers to the loans which are given to the borrower…

Q: Explain further the effects/impacts of default on asset-backed security (ABS) to the financial…

A: The question is based on the concept of asset-backed security (ABS). ABS is a financial instrument…

Q: Moral hazard caused by Deposit Insurance Schemes refers to: Question 2Answer a. The placing of…

A: The objective of the question is to understand the concept of 'Moral Hazard' in the context of…

Q: A credit union: Provides traditional brokerage services Is owned by its members Is known for lower…

A: A credit union is a not-for-profit financial institution that is owned and operated by its members.…

Q: Short-term loan from banks is not an example about debt capital. Select one: O True O False

A: A short-term loan is a type of loan that is obtained to support a temporary personal or business…

Q: much do ten P 6,945 quarterly payments amount nterest rate is 3 compounded quarterly if payments y…

A: In this we have to find present value FACTOR and than we can find present value.

Q: 1. Explain why the formal credit market fails to meet the financial service needs of the poor.

A: Introduction : The formal credit market is the system of financial institutions and services that…

Q: Short-term commercial bank loans can be used to finance inventory and accounts receivable. TRUE…

A: Short term loans are the loans which are for period less than 1 year. Long term loans are the loans…

Q: Pass through securities alleviate risk from their balance sheets by O A. Keeping the mortgages on…

A: Securities are the financial instruments in the form of stocks, bonds, and other money market…

Q: 46- which of the following source of finance comes with a line of credit  ? a. Mutual Fund b.…

A: Some Sources of finance for business are equity, debt, debentures, retained earnings

Q: Collateral is a valuable asset that is pledged to ensure loan payments. If you fail to repay the…

A: In mortgage loans, collateral is an asset or security used to take loan.

Q: ich of the following is a responsible financial decision? Making a down payment on a loan. O…

A: Responsible financial decisions involves taking planned and wise decisions to avoid any financial…

Q: credit cards O Personal Loans O Consolidated Loans O Home Equity Loans O Student Loans use the…

A: A loan is a sum of money that is borrowed from a lender with the expectation that it will be paid…

Q: Loans are available from term life insurance policies.   a.   True   b.   False

A: Policy loans are not available from term life insurance policies. Because there is no cash value to…

Q: Some checking accounts pay a higher rate of interest than some savings accounts.

A: Checking Account: These are accounts prepared for making payments regularly. The primary function of…

Q: 19. When a lender offers a below-market interest rate in exchange for an equity position in the…

A: As per company policy it is only possible to solve one question. So solving question 19.

Q: Which of the following is a debt security whose payments originate from other loans, such as credit…

A: Some time the loans are given by the company and company can not get back loans and become non…

Q: Which is NOT a factor of a credit score? O Credit History Length O Debt Burden Payment History Asset…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Part III Discuss concisely each scenario in not less than 5 sentences. 41-45 Simple interest is a…

A: The benefits of being a borrower or a creditor are subject to the needs of the business and the…