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Credit and Borrowing Unit Test

7 of 207 of 20 Items

Question
In the context of credit ratings, what is character?(1 point)
Responses

something of value used to secure a loan
something of value used to secure a loan

a numerical estimate of your creditworthiness
a numerical estimate of your creditworthiness

your ability to repay a loan
your ability to repay a loan

your prior record of paying your bills and paying off your debts

1 answer

your prior record of paying your bills and paying off your debts
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