When lenders look at collateral, they are looking to see if an individual _____.

Social Studies

2 answers:

Natasha_Volkova [10]4 years ago

4 0

Answer: has property that they can promise to give to the lender if a loan is not paid

Explanation:

Collateral is known to be an asset which is a form of security or protection for a loan which a borrower promises to give to a lender. Hence, the lender takes over the property or asset and sells it in order to recover the amount of the loan if the borrower fails to repay the loan.

34kurt4 years ago

3 0

has property that they can promise to give to the lender if a loan is not paid.

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