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8 November, 12:26

Describe at least three things a bank would consider about you when deciding whether to give you a loan.

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Answers (2)
  1. 8 November, 12:45
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    Your credit history (specifically, timely payments, your ratio of credit to debt and how long your credit has been established)

    Your current employment and or / income

    Other outstanding debts (debt to income ratio)

    Weather or not you own your home

    The purpose of the loan you are requesting

    What, if any collateral you have
  2. 8 November, 12:54
    0
    Three things that they would consider are:

    1. Your credit history.

    2. Your ability to repay the loan.

    3. Your cash flow history.
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