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MY boyfriend argues that a business degree will come in handy in the future when i get loans, because leanders are more likely to lend to someone with a business degree. I say i've never seen a loan applications tha asked about anyone's level of education. So who's right?

2006-08-24 17:36:16 · 9 answers · asked by utopiandr3am 2 in Business & Finance Other - Business & Finance

9 answers

Some places might consider your past education in giving you a loan, but you certainly don't need to get a business degree just for the fact of getting loans easier later. Just keep your credit in good shape (don't do anything stupid) and you will be fine with getting loans in the future. A business degree is a great idea otherwise, but stick to what you love and what you know and you'll be best off.

2006-08-24 17:44:11 · answer #1 · answered by Deja Entendu 4 · 0 0

1

2016-10-23 21:06:22 · answer #2 · answered by ? 3 · 0 0

That's absolutely ridiculous. Sure it would be nice to have a degree in accounting or business to know what loan officers are talking about when you go to take out loans. But no, that's not one of the qualification you need to get a loan. Having an equity is what you need to qualify for any loan. I don't even have a degree in accounting to know this. Good enough, yes?

2006-08-24 17:46:24 · answer #3 · answered by FILO 6 · 0 0

I've never heard of that. And never been asked. That seems odd and not in compliance with Federal rules for fair assessment of loan applicants.

2006-08-24 17:47:07 · answer #4 · answered by ? 5 · 0 0

what the heck is your boyfriend talking about?
You are right, your boyfriend is nuckle head
I do not have a business degree but I do a lot of thing right that make them look pale compare to me
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.

http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:

fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy

technical analysis==(chart+indicator)>> when to buy

Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live

At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule

2006-08-24 18:28:16 · answer #5 · answered by Hoa N 6 · 0 0

you are right, you dont need a dgree to get a loan

2006-08-24 17:42:10 · answer #6 · answered by Robots 4 · 0 0

u r right

2006-08-24 17:41:43 · answer #7 · answered by shaikh 3 · 0 0

nope they dont care about that all you need is a good credit

2006-08-24 17:43:06 · answer #8 · answered by Anonymous · 0 0

Only if it's unsecured.

2006-08-24 17:39:58 · answer #9 · answered by Anonymous · 0 0

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