Jameela owns a small shop and has applied for a personal loan from a local bank. The bank has asked for her current and past financial
statements as part of her loan application. How will the statement help the bank determine Jameela's loan eligibility?
A.
It will help the bank determine the amount of interest to be charged on the loan.
B.
It will determine Cynthia's credit score or ranking.
C.
It will determine whether Cynthia will want to sell her shop.
OD
It will determine the amount of loan it can approve.
