A loan officer uses a credit scoring system to
A) compare the interest rate on a loan to interest rates on other assets with comparable risk.
B) keep track of the fraction of a bank's assets tied up in loans to a single individual or business.
C) predict statistically whether an individual is likely to default on a loan.
D) match any particular loan with the deposits being used to fund it.
Correct Answer:
Verified
Q57: Banks make use of the federal funds
Q58: A bank's remaining value after it has
Q59: With respect to the period of the
Q60: The threat that savers may withdraw their
Q61: Which of the following is NOT a
Q63: Banks in the United States have been
Q64: Credit risk is the risk that
A)an insufficient
Q65: A bank that expects interest rates to
Q66: When bank loan officers screen loan applicants
Q67: Some economists have argued that the competitiveness
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents