The correct answer is B. creditworthiness.
Unsecured loans do not have collateral backing them, so lenders primarily assess the borrower's creditworthiness to make their decision.
Select the correct answer.
What is the basis for a decision on an unsecured loan?
A.
collateral
B.
creditworthiness
C.
current lines of credit
D.
home equity
E.
all of the above
1 answer