How do you think banks make personal credit line decisions? As a student, you often face a
Question:
How do you think banks make personal credit line decisions? As a student, you often face a banker who is trying to ascertain your “credit score.” TransUnion Canada is one of Canada’s three major credit-reporting agencies. Go to transunion.ca and view the sample credit profile. Based on the credit-scoring model provided, what are three of the most important items banks look at when making the personal credit decision?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
There are a few different things that banks look at when they are trying to decide whether or not to ...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
Question Posted:
Students also viewed these Business questions
-
Biosciences Unlimited Inc. began operations on January 2, 2010, with the issuance of 100,000 shares of $50 par common stock . The sole stockholders of Biosciences Unlimited Inc. are Rafel Baltis and...
-
Bio Engineering Inc. began operations on January 2, 2012, with the issuance of 250,000 shares of $80 par common stock . The sole stockholders of Bio Engineering Inc. are Jean Cushing and Dr. Louis...
-
Kilimanjaro Inc. began operations on January 6, 2007, with the issuance of 400,000 shares of $50 par common stock . The sole stockholders of Kilimanjaro Inc. are Donna White and Dr. Larry Klein, who...
-
The number of hours of daylight that occur at any location on Earth depends on the time of year and the latitude of the location. The equations below model the numbers of hours of daylight in Seward,...
-
For the data given in Problem 13.17, determine the Rankine passive force, Pp, per unit length of the wall, and its location and direction. In problem 13.17 a. Determine the magnitude of active...
-
Let c(t) = (e t cos t, e t sin t). Show that c(t) for 0 t < has finite length and calculate its value.
-
A U.S. Treasury bond pays a 7% coupon on January 7 and July 7. How much interest accrues per \($100\) of principal to the bond holder between July 7, 2013, and August 9, 2013? How would your answer...
-
Data-Check is considering two capital structures. The key information is shown in the following table. Assume a 40% tax rate. a. Calculate two EBIT-EPS coordinates for each of the structures by...
-
Suppose one side of your home was damaged in a storm. To fix it you need to put new siding on the damaged exterior wall. The damaged wall measures 30.2 feet in length and 22.7 feet in width. The...
-
Becker Co. is required to file its annual audited financial statements with the Government Accountability Office and Gearty & Green, CPA's have been hired to perform the engagement. When...
-
Export Development Canada (EDC) (edc.ca) provides trade finance and risk management services to Canadian exporters and investors in up to 200 markets. Founded in 1944, EDC is a Crown corporation that...
-
What are American Depository Receipts (ADRs)? How are ADRs created? Go to the following website operated by J.P. Morgan, the company that pioneered the use of ADRs in 1927. Look under Overview at...
-
Perform indicated operations and simplify. 3 2 8x + 16 2 4- x
-
Writ a Java program as follows: Prompt the user which action they want to take: Convert cubic feet to U.S. bushels Convert miles to kilometers Determine graduation with honors title Exit program...
-
4. Apply Euler's method with 4 steps to approximate (3) for the solution of the inital value problem: 21-y 2+y y(1)=0 Present all calculations and display the resulting values in a table. Steph= n ...
-
. Consider the normal-form game pictured here: 2 1 X Y Z A 2,0 1,3 5.x B 5.4 1.3 6,2 All of the payoff numbers are specified, with the exception of that denoted by x. Find a number for x such that...
-
Using C# writeProgram called motelregistration Include classes, objects ,arrays ,loops and exceptions where and if necessary Using c# and fairly simple and organized code the program should prompt a...
-
You plan to purchase a house for $180,000. You have saved $20,000 for your down payment and plan to finance the rest of the cost with a loan which you will you repay in the following way: Equal...
-
Prepare a monthly operating budget for the DMV for the fiscal year ending August 31, 2014. Determine the operating surplus and deficit for each month and for the year as a whole. Use one page or...
-
Extend Algorithms 3.4 and 3.5 to include as output the first and second derivatives of the spline at the nodes.
-
Efficient Market Hypothesis Which of the following statements are true about the efficient market hypothesis? (a) It implies perfect forecasting ability. (b) It implies that prices reflect all...
-
Implications for Corporate Finance What does efficient market theory and behavioural finance imply for corporate decision making? Provide three examples of how each theory may affect managerial...
-
Efficient Market Theory versus Behavioural Finance The efficient market hypothesis implies that abnormal returns are expected to be zero. Yet in order for markets to be efficient, arbitrageurs must...
-
A 0.810-kg ball has a velocity of 4.16 m/s to the right. Calculate the momentum of the ball in kg m/s. What velocity does a 10.-g bullet need to have in order to have the same momentum as the ball?...
-
Develop a SWOT analysis of Coles potential business. b. Can Cole be profitable and if so, in what period of time? c. What are the major business assumptions that require verification? d. Does Cole,...
-
The current temperature is 12 oC and the dew point is -29 oC. What is the relative humidity in percentage? Answer to one decimal place. The current temperature is 12 oC and the dew point is -29 oC....
Study smarter with the SolutionInn App