23 Jul HOW OFTEN SHOULD NANCY MONITOR HER CREDIT STANDING WITH CREDIT REPORTING SERVICES?
Si Show more A year after declaring bankruptcy and moving with her daughter back into her parents home Nancy Silbermann is about to get a degree in nursing. As she starts out in a new career she also wants to begin a new life. One built on a solid financial base. Nancy will be starting out as a full-time nurse at a salary of $52000 a year and she plans to continue working at a second (part-time) nursing job with an annual income of $10500. SheII be paying back $24000 in bankruptcy debts and wants to be able to move into an apartment within a year and then buy a condo or house in five years. Nancy wont have to pay rent for the time that she lives with her parents. She also will have child care at no cost which will continue after she and her daughter are able to move out on their own. While the Jiving arrangement with her parents is great financially the accommodations are tight and Nancys work hours interfere with her parents routines. Everyone agrees that one more year of this is about all the family can take. However before Nancy is able to make a move-even into a rented apartment she will have to reestablish credit over and above paying off her bankruptcy debts. To rent the kind of place shed like she needs to have a good credit record for a year; to buy a home she must sustain that credit standing for at least three to five years. 1. In addition to opening checking and savings accounts what else might Nancy do to begin establishing credit with a bank? 2. Although Nancy is unlikely to be able to obtain a major bank credit card for at least a year how might she begin establishing credit with local merchants? 3. Whats one way she might be able to obtain a bank credit card? Explain. 4. How often should Nancy monitor her credit standing with credit reporting services? Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.