[Solved] Which of the Following Statements Is Not Accurate

Question 12
Multiple Choice

Which of the following statements is not accurate?

A) Loan applicants are placed into two risk classes with one rejected and the other accepted.
B) Lender may be basing the interest rate on the average quality of the loans.
C) Lenders present an array of interest rates with the rate offered appropriate to the risk of non-payment that the individual household presents.
D) All of the above statements are accurate.
E) None of the above statements is accurate.

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