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Financial Statement

  • From Mathematics, General Mathematics
  • Due on 13 Dec, 2016 12:00:00
  • Asked On 08 Dec, 2016 10:34:14
  • Due date has already passed, but you can still post solutions.
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Our discussion for this week looks deceptively simple but it is really complex. You have a young friend who has never had credit. This person does not really want credit and is doing fine paying cash for everything. However, there is a problem: your friend wants to get a home mortgage in two years. Devise a strategy for your friend of sensibly building consumer credit for a mortgage lender to evaluate.

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[Solved] Our discussion for this week looks deceptively simple but it is really complex

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  • Submitted On 09 Dec, 2016 04:04:24
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To get a home mortgage we need to prove that we are credit worthy. This worthiness comes from a good past re...
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