Cryptocurrency Q&A What information are creditors looking for?

What information are creditors looking for?

CryptoPioneer CryptoPioneer Wed Jan 22 2025 | 6 answers 1331
Creditors are typically seeking specific information to assess the creditworthiness of a borrower. They want to know about the borrower's financial stability, repayment history, current debts, and overall ability to repay the loan. What information are creditors looking for?

6 answers

CryptoBaron CryptoBaron Fri Jan 24 2025
Certificate of deposit and money market accounts are also high on the creditor's list.

Was this helpful?

390
48
SakuraPetal SakuraPetal Fri Jan 24 2025
Tax refunds represent another source of easy cash that creditors will scrutinize.

Was this helpful?

76
88
Arianna Arianna Fri Jan 24 2025
Creditors prioritize several types of property when assessing a borrower's financial standing.

Was this helpful?

238
85
alexander_clark_designer alexander_clark_designer Fri Jan 24 2025
Business holdings, such as equity in a company or partnership, are essential for creditors to evaluate.

Was this helpful?

192
92
Bianca Bianca Fri Jan 24 2025
Deposit accounts, including savings and checking accounts, are of particular interest.

Was this helpful?

236
41
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts