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Which of the five C s does employment and education history fall under?
Weegy: The lenders just want to make sure that you have other resources to use to pay for your loans when you cannot pay it anymore with money. Collateral loans are used when the lender wants some assurance that they won?t lose all their money. [ If you pledge an asset as collateral, they can take the asset, sell it, and get their money back. [ Contrast this with an unsecured loan, where all they can do is ding your credit or bring legal action against you. ] (More)
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Updated 11/9/2012 2:36:21 PM
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The 'C' that employment and education history falls under is Character.
Added 11/9/2012 2:36:22 PM
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