Ask Question
3 April, 21:22

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

A.) The total assets of a borrower, such as savings, investments, valuables, and property ...

B.) A borrowers financial status and ability to repay the debt from regular income ...

C.) A borrowers reliability and willingness to repay the loan ...

+1
Answers (1)
  1. 3 April, 23:05
    0
    The correct answer is C.) A borrowers reliability and willingness to repay the loan.

    Characters deals with the honesty of the person asking for a credit. It is based on previous history and knowledge about the person, not just his/hers papers and money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Lenders use the three Cs to establish a person's creditworthiness. Which of these statements defines / "character/" of the three C's?. A.) ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers