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22 June, 10:44

A lender may view a large down payment from a borrower to be a

A. reason to increase interest rates

B. reduction of risk

C. shady business transaction

D. signal of future default

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Answers (1)
  1. 22 June, 11:57
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    A lender may view a large down payment from a borrow to be a reduction of risk. If a person has a large down payment, it shows they are good with saving money. The correct answer is B.
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