Question

Mariah applied for a loan at a financial institution. The loan officer will look at ____ to determine if she will qualify.

capacity, company, character, and co-signer
capital, co-signer, character, and collateral
capacity, capital, character, and collateral
company, capital, character, and collateral

Answer 1

I believe it is company, capital, character, and collateral

Answer 2

Answer: capacity, capital, character, and collateral

Step-by-step explanation:

Character – The borrower’s reputation and perceived trustworthiness.

Capacity – The borrower’s ability to repay the loan.

Capital – How much money the borrower has put toward the investment.

Collateral – What assets the borrower has to offer as insurance in the event of a default.