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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

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.

C. 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.

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