A Loan Officer Uses a Credit Scoring System to

question 20

Multiple Choice

A loan officer uses a credit scoring system to

• A)compare the interest rate on a loan to interest rates on other assets with comparable risk.
• B)keep track of the fraction of a bank's assets tied up in loans to a single individual or business.
• C)predict statistically whether an individual is likely to default on a loan.
• D)match any particular loan with the deposits being used to fund it.

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