46 which of the following creditor policies is permissible under the Equal Credit Opportunity Act (ECOA A) 20-year-old married applicant is individually creditworthy, but the creditor requires a spousal signature on the security instrument is located in a community property state B) A 20-year-old single applicant is individually creditworthy, but the creditor requires a parental co-signer due to the applicant's C) A 75-year-old marred applicant is individually creditworthy, but the creditor requires a spousel signature because the spouse is younger more likely to outlive the loan term. D) A 75-year-old single applicant is individually creditworthy, but the creditor requires a co- signer because a portion of the applicant qualifying income from public assistance.
46 which of the following creditor policies is permissible under the Equal Credit Opportunity Act (ECOA A) 20-year-old married applicant is individually creditworthy, but the creditor requires a spousal signature on the security instrument is located in a community property state B) A 20-year-old single applicant is individually creditworthy, but the creditor requires a parental co-signer due to the applicant's C) A 75-year-old marred applicant is individually creditworthy, but the creditor requires a spousel signature because the spouse is younger more likely to outlive the loan term. D) A 75-year-old single applicant is individually creditworthy, but the creditor requires a co- signer because a portion of the applicant qualifying income from public assistance.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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