Cryptocurrency Q&A
How do lenders determine credit worthiness?
How do lenders determine credit worthiness?
CryptoLord
Fri Jan 24 2025
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7
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I'm curious about how lenders assess someone's credit worthiness. What factors do they consider? How do they evaluate the risk of lending money to a borrower?
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7 answers
Carlo
Sun Jan 26 2025
Another significant aspect is the borrower's history of borrowing.
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Silvia
Sun Jan 26 2025
Lenders evaluate an individual's creditworthiness based on various factors.
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charlotte_wilson_coder
Sun Jan 26 2025
This includes past loans and how they were managed.
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GangnamGlitz
Sun Jan 26 2025
One primary consideration is the individual's income level.
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Giulia
Sun Jan 26 2025
Lenders also scrutinize the borrower's history of repaying debt.
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