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Why is good credit required to rent an apartment?

What happens if you cannot pay your rent?

Personal Finance

5 terms·StudBud Administration·14 plays

A quiz to assess the knowledge of financial literacy #money #finance

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Questions 5

Answers

1
What happens if you cannot pay your rent?
The Landlord throws you a party.
You have to sublet your apartment.
You are required to find a roommate.
The Landlord will evict you.
2
Why is good credit required to rent an apartment?
The Landlord will run a credit report.
The Landlord wants to steal your identity.
Your friend wants to steal your identity.
You want to know your credit score.
3
How much should you tip your waiter or waitress?
Seventy-five percent
Eighteen percent
Fifty percent
Eight percent
4
What is an agreement between a landlord and a renter called?
Privacy agreement
Terms and conditions
A lease
A contract
5
How long does an eviction stay on your credit report?
Seven years
A Lifetime
Ten years
Five hours