which details apply to a financing contract? check all that apply. requires a credit check are always less…

which details apply to a financing contract? check all that apply. requires a credit check are always less expensive than using a credit card includes interest rate information requires a signature for rent - to - own agreements can be broken at any time

which details apply to a financing contract? check all that apply. requires a credit check are always less expensive than using a credit card includes interest rate information requires a signature for rent - to - own agreements can be broken at any time

Answer

Brief Explanations:

  • Lenders often check credit in financing contracts to assess risk.
  • Interest rate details are key in financing contracts.
  • Rent - to - own agreements are a type of financing and require signatures. Financing contracts are not always cheaper than credit cards and can't be broken at will.

Answer:

  • requires a credit check
  • includes interest rate information
  • requires a signature for rent - to - own agreements