Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Banking
Loans and Credit
How does bankruptcy affect interest rates on loans? Credit cards?
1 answer
Not surprisingly, if you have been bankrupt, or are not making minimum payments on existing loan and credit card balances, you can expect to pay a much larger interest rate.
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
What is one major financial consequence of bankruptcy?
You’re required to repay all your outstanding debt. Bankruptcy is
2. How does this tendency affect the loans granted to new technology and media companies?
a. These companies' loans are smaller.
What is the first essential thing to do when your bankruptcy has been finalized?
go back to living the way you were before plan
Which term describes the situation faced by people who cannot repay their loans?
A. bankruptcy B. collateral C. credit D.
What increases when productivity increases?
A. gross domestic product B. interest rates on loans C. national unemployment rates
Which of the following should be your top priority?
Saving in an emergency fund Paying down low interest credit cards Saving for
Which of the following should be your top priority
Saving for an emergency fund Paying down low interest credit cards Saving for
which of the following statements are true? select the two correct answers
- banks issue credit cards as well as debit cards -
To what do the terms non-revolving and revolving refer?
A. checking accounts B. credit C. loans D. bankruptcy
