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Simon and Diane are purchasing a new vehicle and have applied for a loan of $ 6 5 , 0 0 0 to finance the

Simon and Diane are purchasing a new vehicle and have applied for a loan of $65,000 to finance the purchase. Simon and Diane pay rent of $3,750 per month for their apartment, which they moved into six months ago. Simon has a personal line of credit with an outstanding balance of $4,500 and a credit card with an outstanding balance of $1,850. Diane has a personal line of credit with an outstanding balance of $5,500.
Their combined gross annual income last year was $150,000. Approximately $110,000 of that income is salary income. Simon has worked for the same company since graduating college 14 years ago. Diane has worked for her employer in the public healthcare sector for 11 years and returned from maternity leave three months ago. Which of the following factors is most likely to have a negative impact on Simon and Diane's ability to be approved for a car loan?
Question 6 options:
The sources of their income.
The stability of their employment.
The stability of their residence.

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