select the correct answer. lenders use the three cs to establish a persons creditworthiness. which of these…

select the correct answer. lenders use the three cs to establish a persons creditworthiness. which of these statements defines \character\? a. the total assets of a borrower, such as savings, investments, valuables, and property b. a borrowers financial status and ability to repay the debt from regular income c. a borrowers reliability and willingness to repay the loan

select the correct answer. lenders use the three cs to establish a persons creditworthiness. which of these statements defines \character\? a. the total assets of a borrower, such as savings, investments, valuables, and property b. a borrowers financial status and ability to repay the debt from regular income c. a borrowers reliability and willingness to repay the loan

Answer

Brief Explanations:

In the context of the three Cs of creditworthiness, character refers to a borrower's reliability and willingness to repay a loan, which reflects their trust - worthiness and integrity. Option A describes capital, and option B describes capacity.

Answer:

C. a borrower's reliability and willingness to repay the loan