BUS 202 Lecture Notes - Lecture 1: Fixed Cost
31 Jan 2018
School
Department
Course
Professor
Document Summary
Making someone"s life better (in the long term) by giving them the opportunity of an education. Drive to acquire: the want to obtain something. Drive to defend: desire to protect ourselves, our loved ones, and our property. Helps people a ord and pay for things that they otherwise wouldn"t be able to purchase. Underwriting is critically important for lenders to make sure they have some type of collateral to hold on to if a loan is not repaid. Students are not extremely risky partners because most students will have future success with their careers. Higher student loans don"t necessarily mean that students won"t pay them back. Our mission is to provide individuals with personal loans which will allow them immediate access to capital. We hope our loans will enable our clients to meet their nancial obligations so that they can successfully pursue future endeavors.
