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Q: A bank that is looking at your past payment records on your loans is most likely examining which aspect of the 5Cs of lending?
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What are the five components of a credit score?

1. employment 2. asset to debt ratio 3. payment records 4. monthly payment outgo 5. collateral


When do accountants use statistics?

Accountants use statistics for examining financial records. They also use this to assess the financial operations and help ensure that organization run resourcefully.


What is a credit proposal?

credit proposal is one of the main steps in credit processing, which include all the track records (if the customer was in love in lending or borowin with any financial institution or not, and checking his credit rating) and information of the customer.


How does buying out a rental agreement affect your credit?

It should not have any effect, since you honored the agreement and paid up. You might want to keep the letter or receipt for the payment for your records, though.


What is the diffrece between the primary borrower and the co signer?

The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.

Related questions

How do you determine the evolutionary relationships among species?

examining the fossil records.


When was Better Looking Records created?

Better Looking Records was created in 1999.


When did Good Looking Records end?

Good Looking Records closed in 2020. It was founded in the early 1990s by LTJ Bukem and was known for its influential drum and bass releases.


Who are some of the artists on the roster of Better Looking Records?

Some of the artists on the roster of Better Looking Records include: Alex White, Jimmy Eats World, and No Knife. They are the top three rock artists of Better Looking Records.


Who would be contacted to access property records?

State and local governments can be contacted to provide property records in their local municipalities and states. Records such as home improvements and payment of rates can be obtained with valid reason.


What artists had records released on the Good Looking record label?

Good Looking Records was established in the early 1990s. Since then, it has released records from artists such as LTJ Bukem, Nookie, MC Conrad, and Blu Mar Ten.


What are the five components of a credit score?

1. employment 2. asset to debt ratio 3. payment records 4. monthly payment outgo 5. collateral


When do accountants use statistics?

Accountants use statistics for examining financial records. They also use this to assess the financial operations and help ensure that organization run resourcefully.


Which entries records the payment of an account payable?

Debit (decrease) accounts payable and then credit (decrease) cash.


Conditions that identify specific records you are looking for are called?

Criteria


Conditions that identify the specific records you are looking for are called?

Criteria


What is the background check?

A background check or background investigation is the process of looking up and compiling criminal records, commercial records and financial records of an individual or an organization.