Question

    The process of analyzing and assessing the creditworthiness of a borrower is known as: 

    A Credit scoring Correct Answer Incorrect Answer
    B Credit rating Correct Answer Incorrect Answer
    C Credit analysis Correct Answer Incorrect Answer
    D Credit management Correct Answer Incorrect Answer
    E Credit monitoring Correct Answer Incorrect Answer

    Solution

    Credit analysis involves evaluating the borrower's ability to repay the debt and assessing the risk of default.

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