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Question
managing credit
use what you have learned about managing credit to complete these sentences.
filing for bankruptcy can eliminate debt.
a major consequence of bankruptcy is that it can dropdown with options help, harm an individual’s chances of receiving additional credit.
In the context of credit management, bankruptcy is a negative financial event. Lenders view bankruptcy as a risk factor, so it typically reduces (harms) an individual's ability to get more credit. "Help" would be incorrect as bankruptcy doesn't improve credit - worthiness for additional credit.
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harm