Cryptocurrency Q&A Which items do credit card and lending companies use to determine whether to lend money or not?

Which items do credit card and lending companies use to determine whether to lend money or not?

Sofia Sofia Mon Jan 13 2025 | 7 answers 1327
I want to know which specific items or factors credit card and lending companies consider when they are deciding whether to lend money to a person or not. Which items do credit card and lending companies use to determine whether to lend money or not?

7 answers

Nicola Nicola Wed Jan 15 2025
The lender makes this determination based on past credit behavior.

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Ilaria Ilaria Wed Jan 15 2025
They scrutinize various factors to gauge the borrower's reliability.

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SejongWisdomSeeker SejongWisdomSeeker Wed Jan 15 2025
One of the primary considerations is the overall credit report.

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SsangyongSpiritedStrengthCourage SsangyongSpiritedStrengthCourage Wed Jan 15 2025
Evaluating creditworthiness is a crucial aspect of lending decisions.

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JejuJoyfulHeart JejuJoyfulHeart Wed Jan 15 2025
This document outlines all credit activities and associated outcomes.

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