7G, U5-L3: Bell Ringer
Quiz by Super 7 Girls
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3 questions
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- Q1
Those that provide credit are called:
consumers
borrowers
lenders
30s - Q2
Lenders will look at this to determine if a consumer is borrowing more than is recommended:
Character
Collateral
Debt to Income Ratio
30s - Q3
A loan applicant has been paying their credit card bill on time, does not have any other loans and has a full time job. A lender will likely:
Not recommend the loan
Recommend the loan
Cannot be determined
30s