
What do lenders use these reports to determine?
Lenders use these reports to determine the creditworthiness of borrowers, their ability to repay loans, and the potential risks involved in lending money.


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?


Why do lenders ask for collateral while lending?
I want to understand why lenders often require collateral as a condition for lending money. What is the purpose of asking for assets as a guarantee?


How do lenders determine their risk by assessing?
I want to understand how lenders evaluate and determine the risk associated with lending money. Specifically, I'm interested in the assessment criteria and methods they use to make their decisions.


How do lenders use the FICO score?
I want to know how lenders utilize the FICO score when assessing loan applications. Specifically, how does the FICO score influence their decision to approve or reject a loan, and what role does it play in determining the loan terms and conditions?
