Multiple Choice
Which of the following is NOT a valid reason for borrowing?
A) Borrowing for a college education.
B) Paying for everyday living expenses.
C) Buying a car so a homemaker can return to work.
D) Paying for a medical emergency.
E) All of these are valid reasons for borrowing.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Which of the following is NOT correct?<br>A)
Q18: All of the following are warning signs
Q19: Information about a personal bankruptcy may be
Q20: The expected rate of inflation should not
Q21: A cash advance<br>A) Involves a grace perod
Q23: A credit card holder who pays the
Q24: A loan officer is examining whether or
Q25: During the grace period, finance charges are
Q26: A loan that must be repaid in
Q27: A secured credit card is most appropriate