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31 December, 17:18

The three C's used in the subjective approach to determining a credit score

are capacity, character, and collateral. Which of these is an estimate of a

person's ability to pay off debts based on how much cash and assets he or

she has?

A. Capacity

B. Character

c. Collateral

D. None of the above

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Answers (1)
  1. 31 December, 17:22
    0
    Answer is Collateral

    Explanation:

    When applying for a loan, banks will ask what your collateral is, or what you can give them if you can't pay off the loan.
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