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What is the relationship between credit score and interest rate on a loan?
The relationship between credit score and interest rate on a loan is inversely proportional; as a borrower's credit score increases, the interest rate offered tends to decrease. Lenders use credit scores to assess the risk of lending money, with higher scores indicating a lower risk of default. Consequently, borrowers with better credit scores are often rewarded with lower interest rates, resulting in reduced overall borrowing costs. Conversely, those with lower credit scores may face higher rates due to the perceived increased risk.
What is the freedom from the occurrence of accidents?
Freedom from the occurrence of accidents refers to a state where individuals or organizations can operate without the risk of unintentional harm or damage. This concept emphasizes proactive measures, such as safety protocols, risk assessments, and preventive technologies, to minimize potential hazards. Achieving this level of safety often requires a cultural commitment to prioritizing safety in all activities. However, it is important to recognize that while accidents can be significantly reduced, complete elimination of all risks is often impractical.
What is the duration of Third Party Risk?
The duration of Third Party Risk is 1.17 hours.
What was the Wheel of Fortune bonus puzzle for February 5 2014?
A risk worth takingA risk worth taking
What are the release dates for Risk Takers - 2011?
Risk Takers - 2011 was released on: USA: 12 July 2011
What are the benefits of biomass?
the benefits of biomass are reduced air polution,reduced use of landfills and reduced risk of wildfire
What impact would a damaged turbo have on a diesel engine?
explosion and possible risk of death.
What are the potential consequences of leaving a charged battery to decay over time?
Leaving a charged battery to decay over time can lead to potential consequences such as reduced battery life, decreased performance, risk of leakage or explosion, and environmental harm due to toxic materials.
Why is there a greater risk of explosion with dust in the air rather than dust on ground?
There is a greater risk of explosion with dust in the air rather than dust on ground. This due to the fact that dust combusts quickly and air supports combustion while the ground does not.
How have they reduced the risk of mount Etna erupting again?
They haven't.
How the risk factors leading to harm and abuse can be reduced?
they cant
What was an important of corporations?
They reduced financial risk for individual investors
In crm the purpose for developing controls and meking risk decisions is to?
determine whether the risk is reduced enough that the benefits outweigh the risk of loss .
What is the greatest danger in drilling for oil?
High pressures are involved, so there is a high risk of an explosion.
What are the potential dangers associated with water heaters, including the risk of explosion?
Water heaters can pose potential dangers such as scalding from hot water, carbon monoxide leaks, and the risk of explosion due to pressure buildup from overheating or a malfunctioning pressure relief valve.
2 ways how the risk of developing a pressure sore can be reduced?
It can be reduced by regular position change and eating a healthy diet.
Research studies have consistently demonstrated an association between a reduced risk of cancer and what?
Research studies have consistently demonstrated an association between a reduced risk of cancer and an increase of vegetables and fruits in a person's diet. There are more than 100 different kinds of cancer.
