The key dimension of credit selection which analyzes an applicant's record of meeting past obligations is ________.
A) collateral
B) capacity
C) character
D) capital

Question

Quizplus · Accepted Answer

The key dimension of credit selection which analyzes an applicant's record of meeting past obligations is character. This evaluates the applicant's willingness to repay the loan based on their credit history and other personal factors such as employment stability and payment patterns. Collateral, capacity, and capital are also important dimensions of credit selection, but they focus on the value of an applicant's assets, income, and net worth, respectively.

The Key Dimension of Credit Selection Which Analyzes an Applicant's