Question: Part 5 ( 1 mark ) Cheryl and Nabil believe it's beneficial to have easy access to funds should they need it . They have
Part mark
Cheryl and Nabil believe it's beneficial to have easy access to funds should they need it They have opened lines of credit, but only use one. Why is having unused lines of credit not a good idea for anyone when applying for a mortgage? State your source.
Impact of Unused Lines of Credit on a Mortgage Application
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