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Discuss how negative equity occurs on vehicle loan

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Reference no: EM132668511

Question 1. With an example discuss how "negative equity" occurs on a vehicle loan and what can be done to reduce the risk of it happening.

Question 2. Identify 3 steps you can take to build or improve your credit score AND 3 actions you want to avoid as they would hurt your credit score.

Question 3. Discuss the pros and cons of using a credit cards versus a debit card as it relates to personal budgeting.

Question 4. Compare and contrast how a Line of Credit works versus a traditional term loan.

Question 5. When it comes to housing what are major factors to consider in deciding whether to rent or buy your place to live.

Reference no: EM132668511

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