Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Financial Terms
Debt Repayment
Which term describes the situation faced by people who cannot repay their loans? (1 point) Responses bankruptcy bankruptcy collateral collateral credit credit interest
1 answer
bankruptcy
You can
ask a new question
or
answer this question
.
Related Questions
1. Which type of credit typically gives debtors the most time to repay money they have borrowed?
A.) car loans B.) credit cards
Riley is sitting with her loan officer, reviewing the terms for repayment of her business loan. She noticed she may have to
Which type of credit typically gives debtors the most time to repay money they have borrowed?
A. car loans B. credit cards C.
Which of the following best explains why Latin American countries experienced a debt crisis in the 1980s?(1 point)
Responses
Which situation BEST describes saving for a short-term goal?
(1 point) Responses saving to buy a new car saving to pay next
Which term describes the situation faced by people who cannot repay their loans?%C2%A0(1 point) Responses bankruptcy%C2%A0
Which type of credit typically gives debtors the most time to repay money they have borrowed?
(1 point) Responses A. car loans B.
Which type of credit typically gives debtors the most time to repay money they have borrowed?
(1 point) Responses car loans car
Which type of credit typically gives debtors the most time to repay money they have borrowed? (1 point) Responses car loans car
What is bankruptcy?
(1 point) Responses making more money than you spend making more money than you spend spending more money
