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question 8 of 9
how do lenders evaluate if a borrower or cosigner will pay them back?
○ cadence, collateral, calendar
○ callousness, capacity, , character
○ capacity, criticism, character
○ capacity, collateral, character
Brief Explanations
Lenders use the classic 3 Cs of credit (Capacity, Collateral, Character) to assess a borrower's ability and willingness to repay a loan. The other options include irrelevant terms that are not part of standard lending evaluation criteria.
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○ Capacity, collateral, character