A bank that is looking at your past payment records on your loans is most likely examining which aspect of the 5 Cs of lending?
A)Character
B)Capacity
C)Collateral
D)Capital
E)Conditions

Question

Quizplus · Accepted Answer

Character is the aspect of the 5 Cs of lending that a bank examines when looking at an individual's past payment records on loans. This factor assesses the borrower's reliability and willingness to repay the debt based on their credit history and past financial behavior.

A Bank That Is Looking at Your Past Payment Records