Write your responses for the following.

$1.$ List and briefly explain $5$ things that can have a negative impact on the assessment of a borrowing customer$$s credit history.

$2.$ List $5$ things that can have a positive impact on a borrowing customer$$s $$character$$ and explain why each one has a positive impact.

$3.$ Lending institutions often take collateral to encourage repayment of a loan. List $5$ things a lending institution may take as collateral and briefly explain how the lending institution ensures that the item will be available to it should the borrower not repay the loan. Note: do not include personal guarantees in your list.