Q. 'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011] (Solved)
1. those borrowers 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.
- a. those borrowers who do not have a good credit history.