Question

In: Finance

Which of the five "C's" are not considered when a lender is granting an unsecured loan?

Which of the five "C's" are not considered when a lender is granting an unsecured loan?

Solutions

Expert Solution

Correct Answer is Colletral

There are 5 C's which are considered by lender before granting a loan

C - Character

C - Capacity

C - Condition

C - Capital

C - Colletral

When the lender is lending an unsercured loan he does not demand anything as colletral from the borrower.

Therefore Colletral is one of the 5 C's which are not considered when a lender is granting an unsecured loan


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