Why do some lenders require borrowers to secure credit?
a. to prevent defaults
b. to guarantee full repayment
c. to avoid any losses
d. to reduce risk

D. to reduce risk

Explanation:

Lenders require borrowers to secure credit in order to reduce risks. When loaning cash to borrowers, financial foundations regularly necessitate that individuals secure credit. One reason why this is the situation is to decrease the hazard.  

On the off chance that a borrower can verify credit, it as a rule implies that they are financial dependable as dictated by an outsider. This generally incorporates an examination of the credit history. A credit history shows what number of records an individual has, regardless of whether they have a decent history of paying bills on schedule, and whether they utilize a noteworthy level of their verified credit. Every one of these elements assume a noteworthy job in verifying credit.