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Credit Questions and Answers (Q&A)

T. Lopez

Let's see how far my knowledge stretches

NX, is virtual money, to be used on the internet to pay for services and internet gaming, with the two forms first coming into play in 2009. There are no limitations on NX prepaid; however, NX credit is purchasing using a PayPal, or mobile charge. For safety reasons, there are restrictions on how you can spend NX credits, in that items purchased with NX credit cannot be sent to friends as gifts. NX prepaid comes in several denominations like $10 and $25. You can only charge $60 a month using NX credit. The NX credit prepaid can be charged through PayPal cash. NX prepaid comes with no limitations, and on the other hand, NX credit does.

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One of the best pieces of advice I would give to someone considering a loan to pay for college is to look at how much they would need per semester in loans. These loans will have interest rates and you’ll be expected to pay about the amount of interest accrued, or less, each month once out of school. That’ll add up quickly if the college charges $40,000 a semester in tuition - not to mention books and housing.

Another good piece of advice for this student would be to look into as many scholarships as possible. It’s money they won’t have to pay back once they are out of school, though some limitations may apply.

Finally, I would suggest this student only get government financial aid when seeking loans. The interest rates are lower, and they will wait until you’re out of school to start collecting and coming down hard.

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Fyi, the video doesn't mention water. but ok, i can choose water also

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Actually the ucp 600 came into effective by 1st july 2007 not 2009

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Mike John

Self Motivator, Energetic & Smart Team Lead

Credit score of 700 and above is considered a good credit score. Credit score is a number that determines an individual's credit worthiness which is based on a person's credit history. Borrowers use credit score to determine the possibility that an individual can repay his or her debt. A good credit score results in lower interest rate but a poor credit score (300 - 600) means more interest rate on a loan and a short time is given for the repayment of the loan. Credit score of 800 and above are considered excellent. People with such credit scores get loans easily compared to people with bad credit scores.

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The correct answer is option B.
Abstract constructs such as prejudice, empathy and compassion can be measured even though they do not exist. Abstracts are just feelings of things we cannot see or touch, this makes it hard to measure them, although the measurements are carried out in a scientific way.

The measurements can be conducted by engaging in a wide range of methods. This measurement differs in humans because we experience these feelings in diverse forms. They must be conducted carefully. Truly they don't exist, but they can be measure, though not through direct observations. This makes other options wrong.

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There are two options for this entry: you can either use a debit card meant for stationary, or you can use a credit card from a bank meant for general business expenses. Either way, the purchase of stationary will most likely have been approved by higher ups before it’s made, and there will most likely be a specific direction for the funds that will be used for this purchase. It all depends on the specific company that is purchasing the stationary.

This may mean that employees have to pay out of pocket and be reimbursed, or it could mean that there’s a general bank account meant for ordering this kind of thing. That will also influence what kind of stationary is purchased, but that’s an answer for a different question.

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At least once as a debit in one ledger account and at least once as a credit in a different ledger account

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Let’s face it: credit scores are pretty much everything when it comes to getting a loan for a house. If you have a bad credit score, it can be difficult to get this kind of loan. However, there are ways to get around having a bad credit score when you need a home loan. One of these ways is to just accept a higher interest rate.

You’ll end up owing more if you don’t pay on time, and even more so than someone with good credit, so it works as a way to encourage those with bad credit to pay on time. If you have enough money on hand, you could put down a larger down payment, so that you have less to borrow. The worst any loaner can say is “no”, so if you need that home loan, keep trying.

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