In the 5 Cs of Credit,capacity Refers to the Borrower's

question 72

True/False

In the 5 Cs of credit,capacity refers to the borrower's financial ability to meet credit obligations.

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Definitions:

Action Required

A task or response that must be undertaken to address a specific situation or to achieve an outcome.

Patient Relocation

The process of transferring a patient from one location to another for medical care or treatment.

Collection Agency

A business that pursues payments on debts owed by individuals or businesses.