Gerad wants to borrow 20,000 from a bank to start a landscaping business. He has always maintained timely repayments on ...

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Gerad wants to borrow 20,000 from a bank to start a landscaping business. He has always maintained timely repayments on his personal loan, two car loans and 3 credit cards. With an after tax income of 45,000, total savings of 4000 and monthy expenses averaging 1600 will gerads loan be approve? explain?










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