Under which of the five Cs do employment and education fall?
Employment and education history falls under 'character.' Collateral is a security pledged for repayment of a loan. Oftentimes, the property that a loan is taken out for is the collateral. Riskier loans and large loans usually require collateral. [ [ If someone has bad credit, collateral will usually be required in order to get a loan. ]
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jher000|Points 6989|
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Asked 3/23/2012 12:08:35 PM
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