Explain how a down payment makes a borrower more attractive to a lender and motivates loan repayment by the borrower.
Standard detail
MC.6d
Depth 2Parent ID: 4B8382D647694FB18E95BFE4E09C531DStandard set: 12th Grade
Original statement
Quick facts
- Statement code
- MC.6d
- List ID
- d
- Standard ID
- 0FD881FD404B48AC83811D8C01693934
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- 4B8382D647694FB18E95BFE4E09C531D144346CFC0934E42880650959B8B8D42
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US