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plz answer a-f UCTIONS: TIME 3 HOURS ACTURED QUESTIONS (100 MARKS) reare FOUR (4) questions. Answer ALL Questions in the Answer Booklet. UESTION 1 (30

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UCTIONS: TIME 3 HOURS ACTURED QUESTIONS (100 MARKS) reare FOUR (4) questions. Answer ALL Questions in the Answer Booklet. UESTION 1 (30 MARKS) Identify the stage when the demand for credit is at the highest level among consumers as well as their credit needs. (5 marks) (CLO1:PLO1:C2) b. How has the marketing of consumer product changed with increased competition among the lenders? (5 marks) (CLO2:PLO2:02) c. Explain why professionals are viewed favorably by lenders? (5 marks) (CLO3:PLO4:02) d. Analyze banks' biasness on the applicants' residence and location. (3 marks) (CLO3:PL04:04) e. Why have open-ended credit products had the highest rate of growth of any form of consumer credit in recent years? f. (6 marks) (CLO3:PLO2:02) Why it is said that lending is a science but collection and recovery is an art. (6 marks) (CLO3:PLO5:04) UCTIONS: TIME 3 HOURS ACTURED QUESTIONS (100 MARKS) reare FOUR (4) questions. Answer ALL Questions in the Answer Booklet. UESTION 1 (30 MARKS) Identify the stage when the demand for credit is at the highest level among consumers as well as their credit needs. (5 marks) (CLO1:PLO1:C2) b. How has the marketing of consumer product changed with increased competition among the lenders? (5 marks) (CLO2:PLO2:02) c. Explain why professionals are viewed favorably by lenders? (5 marks) (CLO3:PLO4:02) d. Analyze banks' biasness on the applicants' residence and location. (3 marks) (CLO3:PL04:04) e. Why have open-ended credit products had the highest rate of growth of any form of consumer credit in recent years? f. (6 marks) (CLO3:PLO2:02) Why it is said that lending is a science but collection and recovery is an art. (6 marks) (CLO3:PLO5:04)

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