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Both credit and layaway plans involve purchasing items without paying the full amount upfront. With credit, the purchase is made immediately with an agreement to pay back the amount in installments over time with added interest. Layaway involves setting aside the item and making payments towards it until the full amount is paid, after which the item is released to the buyer.

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1y ago

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Which option below is true about the third sentence of the excerpt?

both a and b


Is it true that enforcing some little-known law can zero out your credit card debt?

Wouldn't that be nice? But, if it were true, then how would any credit card company get paid their money? What is true is that there are scams out there wherein people are trying to avoid their legally incurred liabilities through various means. Some of these, if not illegal, are borderline illegal and certainly it's just a matter of time before laws are passed which close this (possible) loophole. Even if there were some legal way to avoid paying what you owe; life has a way of evening out the scales of justice one way or another. We cannot avoid the consequences of our behavior. That is impossible. All those old cliches are true. You don't get something for nothing. You gotta pay what you owe. It is often less expensive and easier in the long run to own up and pay up without trying to duck and dodge.


Can a civil judgment be removed from credit report?

AnswerIf it was true and accurate, no. maybeThat is often state dependant, but you should be able to have it removed once the debt is paid. If it is not paid yet, it is considered outstanding debt, and will stay on your credit report. No a valid judgment will remain 7 years or indefinitely if the judgment creditor chooses to renew it.If a judgment is paid or settled the entry will reflect such, but the judgment will still remain on the CR for a minimum of 7 years.YesOnly the court or the credit bureaus can remove judgments on your credit report. You can dispute anything on your credit report to the credit bureaus that you believe to be inaccurate or erroneous.


True or False Consent is agreeing through actions or by saying Yes agreeing to an action freely voluntarily and with knowledge of the nature of the act?

True. Consent involves willingly agreeing to an action, either through actions, words, or both, with full understanding of the nature of the act and the ability to freely decide to participate.


True or false Every child in a school zone is a human caution sign?

False. While children in a school zone should exercise caution, it is not accurate to label them as human caution signs. Signs and signals are important for traffic safety, and children should be taught road safety rules to help protect themselves.

Related Questions

What was true about both credit and layaway plans?

They made it easier for consumers to spend money - Apex


What was true about credit and layaway plans?

They made it easier for consumers to spend money - Apex


Can two people have the same credit card number?

I have a credit card in my name, my wife used my individual credit card claiming that it is in the name of us both, which is not true, how can I prove to the court that what she says is not true?


What was true about both cresit and layaway plans?

Both credit and layaway plans allow consumers to purchase items without immediate full payment. In a credit plan, consumers can take the item home right away and pay off the cost over time, often with interest. In contrast, layaway requires consumers to pay for the item in installments before they can take it home, typically without interest. Both methods enable budgeting for larger purchases but involve different payment structures and immediate ownership.


Was it true about both credit and layaway plans?

They made it easier for consumers to spend money - Apex


What statement is true about dual enrollment courses?

They earn both high school and college credit


Is it true that The Republican Radicals in Congress disagreed with both Lincoln's and Johnson's Reconstruction plans because they were too lenient?

False!


What are the most tried and true quick diet plans?

Weight watchers or Jenny Craig are two very reliable sources to lose weight. Both plans will guide you in losing the desired weight in the amount time you need to.


If the amount Kelsey owes is close to her credit limit it will negatively affect her credit score true or false?

true


Is it true that you can be excluded from all credit reporting even if you have credit cards?

no


Did Franklin Roosevelt put his plans for national recovery into action immediately?

TRUE


Did the colonies experimented with plans of union?

True