Question
How do lenders evaluate if a borrower or cosigner will pay them back?(1 point) Responses Capacity, criticism, character Capacity, criticism, character Callousness, capacity, character Callousness, capacity, character Capacity, collateral, character Capacity, collateral, character Cadence, collateral, calendar
Answers
GPT-4o mini
Lenders typically evaluate if a borrower or cosigner will pay them back using the "Three Cs" of credit: Capacity, Character, and Collateral.
The correct response is:
**Capacity, collateral, character.**
The correct response is:
**Capacity, collateral, character.**