You should consider your _____ before you take on a large consumer loan.
A) educational qualifications
B) history of auto ownership
C) past employment
D) financial plans
E) career plans

Question

You should consider your _____ before you take on a large consumer loan.
A) educational qualifications
B) history of auto ownership
C) past employment
D) financial plans
E) career plans

Quizplus · Accepted Answer

Before taking on a large consumer loan, one should consider their financial plans. It is important to analyze one's current and projected income, expenses, and long-term goals to determine whether taking on the loan is financially feasible and aligns with their future plans. Educational qualifications, history of auto ownership, past employment, and career plans may be important considerations in other areas of life, but they are not as pertinent when making a decision about a consumer loan.

You Should Consider Your _____ Before You Take on a Large