A credit manager typically gives primary attention to ___________in extending credit to an applicant.
A) character and capital
B) collateral and conditions
C) collateral and capacity
D) character and capacity

Question

A credit manager typically gives primary attention to ___________in extending credit to an applicant. 
A) character and capital
B) collateral and conditions
C) collateral and capacity
D) character and capacity

Quizplus · Accepted Answer

A credit manager typically gives primary attention to the character and capacity of the borrower. Character refers to the borrower's reputation, credit history, and willingness to pay, while capacity refers to the borrower's ability to repay the loan based on their income and financial stability. Collateral and conditions may also be considered, but they are secondary factors in the credit decision-making process.

A Credit Manager Typically Gives Primary Attention to ___________In Extending