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
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Lester McCann is thinking about getting a
Q73: With closed-end credit,generally the seller holds the
Q96: Another name for closed-end credit is:<br>A) a
Q99: Paul Carter is applying for a loan
Q101: What should you do if your identity
Q105: If you want to improve your credit
Q117: The borrower's attitude toward his or her
Q120: Credit is an arrangement to receive cash,goods,or
Q141: If you cosign a loan:<br>A) you are
Q161: Consumer credit dates back to colonial times.