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Unformatted text preview: This makes you a better credit risk to the lender This C is Collateral Lenders will evaluate your debt-payment ratio. This C would be Capacity. The lender is taking your unique situation under consideration. This C would be Conditions. Previous credit history This C would be Capacity. This shows how long you have worked for your employer and if you have obtained an education. This would be Conditions. Having more at stake may make you less likely to default on a loan. This C would be Capital. FP/101...
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This note was uploaded on 08/12/2011 for the course PSY 201 taught by Professor Richardkirkmiller during the Spring '10 term at University of Phoenix.
- Spring '10