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Questions tagged [credit worthiness]

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CryptoLord CryptoLord Fri Jan 24 2025 | 7 answers 1331

How do lenders determine credit worthiness?

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?

How do lenders determine credit worthiness?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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