Which of the following statements is not accurate?
A)Loan applicants are placed into two risk classes with one rejected and the other accepted.
B)Lender may be basing the interest rate on the average quality of the loans.
C)Lenders present an array of interest rates with the rate offered appropriate to the risk of non-payment that the individual household presents.
D)All of the above statements are accurate.
E)None of the above statements is accurate.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is not accurate?
A)Loan applicants are placed into two risk classes with one rejected and the other accepted.
B)Lender may be basing the interest rate on the average quality of the loans.
C)Lenders present an array of interest rates with the rate offered appropriate to the risk of non-payment that the individual household presents.
D)All of the above statements are accurate.
E)None of the above statements is accurate.

Which of the Following Statements Is Not Accurate