Q. Sub Prime lending" is a term applied to the loans made to (Solved)
1. Those borrows who do not have a good credit history
2. Those who wish to take loan against the mortgage of tangible assets
3. Those who have a good credit history and are known to bank since 10 years
4. Those borrowers who are most preferred customers of the bank
5. None of these
- a. Those borrows who do not have a good credit history