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Why do some lenders require borrowers to secure credit? O to make sure they are smart O to guarantee full repayment to reduce risk to prevent defaults

Why do some lenders require borrowers to secure credit? O to make sure they are smart O to guarantee full repayment to reduce risk to prevent defaults
asked 34.1k views
1 vote
Why do some lenders require borrowers to secure credit?

O to make sure they are smart
O to guarantee full repayment
to reduce risk
to prevent defaults

asked
User Arussinov
by
7.8k points

2 Answers

5 votes

I think to prevent defaults I may be wrong

answered
User Lukenzo
by
8.2k points
1 vote
I think to prevent defaults I may be wrong
answered
User Abdoulaye BARRY
by
8.3k points
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