Finance
A Missouri lender's underwriter evaluates the 'three C's' of creditworthiness. These are:
ACommission, Closing, and Credit
BCapacity, Capital, and Credit (Character)✓ Correct
CCost, Collateral, and Contract
DCash, Certificate, and Compliance
Explanation
The traditional three C's of credit are: Capacity (ability to repay), Capital (assets/down payment), and Credit (credit history/character). Some lenders add a fourth C: Collateral.
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