In the five Cs of credit, conditions refer to what will happen if the borrower does not repay the loan.

Question

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Conditions in the five Cs of credit refer to the overall economic conditions and external factors that may affect the borrower's ability to repay the loan, such as interest rates, industry trends, and government regulations. The consequences of not repaying the loan fall under the fifth C, which is collateral.

In the Five Cs of Credit, Conditions Refer to What