Following a lenient credit-granting policy will probably result in fewer defaults by customers.

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Following a lenient credit-granting policy means that customers with a higher risk of default may be approved for credit. This increases the likelihood of defaults, as these customers may have difficulty making payments. A stricter credit-granting policy can result in fewer defaults, as it ensures that only customers with a lower risk of default are approved for credit.

Following a Lenient Credit-Granting Policy Will Probably Result in Fewer