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15-06-2016
Business

Answered

The term risk, when applied to borrowers, specifically refers to

Alifestyles.
Bthe risk that the borrower will not get a loan.
Cthe risk associated with a major purchase.
Dthe likelihood that the borrower will not pay the loan.

Verified Answer :

17-06-2016

DLenders are worried that the borrower won't pay them back, and they assess how likely that is to happen by looking at the borrower's income, other assets, credit history, etc.

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