Q.

'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]

A. those borrowers who do not have a good credit history.
B. those who wish to take loan against the mortgage of tangible assets.
C. those who have a good credit history and are known to bank since 10 years.
D. those borrowers who are most preferred customers of the Bank.
Answer» A. those borrowers who do not have a good credit history.
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