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3 years ago

7

Lenders use the three Cs to establish a person's creditworthiness. Which of these statements defines "character"?

1 answer:

blondinia [14]3 years ago

6 0

The correct answer is C.) A borrowers reliability and willingness to repay the loan.

Characters deal with the honesty of the person asking for a credit. It is based on previous history and the knowledge about the person, its not just his/hers papers and money.

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