The ability of lenders to accurately discern acceptable credit risks from unacceptable one's has improved through
A) the development of technology and access of information provided by credit rating agencies.
B) the creation of risk-based lending.
C) the reduction in interest rates.
D) the use of credit rationing.
Correct Answer:
Verified
Q14: The difference between the value of the
Q15: A borrower obtained secured loan of $12,000
Q16: A special form of collateral used by
Q17: Credit reporting agencies play an important role
Q18: To reduce credit or default risk, a
Q20: The degree by which the bank income
Q21: The threat that an increase in interest
Q22: An expected increase in interest rate would
Q23: Liquidity risk can be managed on the
Q24: If a borrower purchased a home for$100,000,
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