Business, 11.02.2020 17:59 blackberri9675

Mitchell has lived in his home and paid his mortgage on time for 10 years. After becoming ill, he was no longer able to work and could not make the payments. Eventually, Mitchell had to vacate the home due to foreclosure. How will the foreclosure influence Mitchell’s credit report? A : Credit reporting agencies are allowed to maintain negative information about you for up to 7 years. B : Credit reporting agencies are allowed to maintain negative information about you for life. C : Credit reporting agencies are allowed to maintain negative information about you for 10 years (except for bankruptcy, which stays on your record for life). D : Credit reporting agencies are allowed to maintain negative information about you for up to 10 years.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 18:00

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.

Answers: 2

Answer

Business, 22.06.2019 23:10

How are credit unions similar to banks

Answers: 1

Answer

Business, 23.06.2019 09:30

Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. his employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer? a)stocks with high returns have high volatility, and ronald's company may not grow further. b)ronald may be taxed more for capital gains than he would be for employment income. c)stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills. d)ronald would be committing stock fraud if he exercises the options.

Answers: 1

Answer

Business, 23.06.2019 11:00

Match each event to its effect on the equilibrium interest rate and the amount of investment in the loanable funds market. higher interest rate, greater investment higher interest rate, less investment lower interest rate, less investment lower interest rate, greater investment immediate consumer gratification is no longer preferred by people. an efficient new source of energy effectively increases the return on owning a factory. a wave of retirees stops working and begins drawing on retirement savings.

Answers: 3

Answer

You know the right answer?

Mitchell has lived in his home and paid his mortgage on time for 10 years. After becoming ill, he wa...

Questions

Business, 26.01.2021 23:50

Should VALORANT give out free skins?...