A bank is considering making a loan to Alice Granger.The bank is looking at her credit report from Equifax and also examining the reason Alice has put on the loan application for needing the loan.According to the text,what aspect of evaluating a consumer loan application is the bank looking at?
A) Character and purpose
B) Income level
C) Deposit balance
D) Employment and residential stability
E) Pyramiding of debt
Correct Answer:
Verified
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