Amy Farmer is getting a loan to buy a used car.The bank wants to know the trade-in value of the car she is purchasing.Which of the 5 Cs of credit is the bank examining?
A) Character
B) Capacity
C) Capital
D) Collateral
E) Conditions
Correct Answer:
Verified
Q155: Samantha Prescott knows that credit companies must
Q156: Which one of the following is not
Q157: Which FICO credit score would represent the
Q158: Paul Phillips has checked his credit report
Q159: Which one of the following would not
Q161: How many alternatives do most consumers have
Q162: The market value of Karen's home is
Q163: Your credit card company must send you
Q164: If you believe you have been refused
Q165: Which federal consumer credit law places the
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