read the scenario.\ncasey has been saving for a new car and is ready to make a purchase. having a…

read the scenario.\ncasey has been saving for a new car and is ready to make a purchase. having a substantial amount to put down as a down - payment, casey approaches the car dealership. the salesperson and the loan officer view caseys willingness to make a high down payment positively.\nwhy would casey be considered a lower risk by the lender for planning to make a high down payment?\no it shows that casey prefers a high - interest rate.\no it shows that casey is committed to paying off the loan.\no it shows that casey may not need a loan at all.\no it shows that casey might refinance the loan soon.
Answer
Answer:
It shows that Casey is committed to paying off the loan.
Brief Explanations:
A high down - payment indicates financial stability and commitment to the loan repayment, reducing lender risk.