Practice - 5.1: Describe the role of consumer credit in your fin... Q5.39: When someone applies for a consumer loan versus a credit card, A the lender would require a collateral for the credit card. B the lender uses a more stringent approval process for the consumer loan. the lender uses the same approval process for both types of credit, with equal stringency. D the lender uses a more stringent approval process for the credit card Practice - 5.1: Describe the role of consumer credit in your fin... Q5.39: When someone applies for a consumer loan versus a credit card, A the lender would require a collateral for the credit card. B the lender uses a more stringent approval process for the consumer loan. the lender uses the same approval process for both types of credit, with equal stringency. D the lender uses a more stringent approval process for the credit card