Question

When evaluating a credit request, a lender may consider:

A. The likelihood that certain applicants will have children.
B. The duration that child support and maintenance will continue.
C. The age of an elderly applicant as a negative factor.
D. Excluding income from retirement benefits.

Answer 1

A lender may consider factors such as the likelihood of the borrower having children, the duration of child support and maintenance, the age of elderly applicants, and excluding income from retirement benefits when evaluating a credit request.

Step-by-step explanation:

When evaluating a credit request, a lender may consider:

1. The likelihood that certain applicants will have children.
2. The duration that child support and maintenance will continue.
3. The age of an elderly applicant as a negative factor.
4. Excluding income from retirement benefits.

These factors can affect the borrower's ability to repay the loan and therefore influence the lender's decision.