A Client Who Does Not Believe in Religion or a Higher

question 23

Multiple Choice

A client who does not believe in religion or a higher power, such as a "god", is often called:

• A) Christian
• B) Agnostic
• C) Spiritual
• D) A believer

---

Definitions:

Default Rate

The percentage of borrowers failing to make payments on their loans within a specific period.

Credit Policy

A set of guidelines that a company follows to determine the credit terms and limits for customers, impacting how credit is extended and collected.

Past Payment History

The record of an individual's or entity's past payments on all debts, used by lenders to gauge creditworthiness.

Initial Credit Purchase

The first acquisition of goods or services that allows payment to be delayed.