Jane Calvert Is Applying for a Loan from a Bank

question 126

Multiple Choice

Jane Calvert is applying for a loan from a bank.The bank knows she owns a house worth $150,000 and a car with a trade-in value of $15,000 as well as other personal assets worth approximately $50,000.Which one of the 5 Cs of credit is the bank looking at?

• A)Character
• B)Capacity
• C)Capital
• D)Collateral
• E)Conditions

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