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Q: A potential creditor's judgment about granting credit would be most influenced by the potential customer's?
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Write an essay on risks to a business of granting credit to customers?

Businesses take on many risks when granting credit to customers. If the bank is lending money for an unsecured loan, there is nothing that can be held as collateral should the customer default on their payments. Also, in certain states, if the consumer files for bankruptcy, the bank may have no legal hold on any assets, and will not be able to get back the money they have lent out.


What is Loan granting?

what are the introduction to loan granting


What are the services that Welcome Finance offers?

Unfortunately, Welcome Finance is in default. This means they are no longer accepting any new customers or granting any new loans. Previously, Welcome Finance offered Personal and Secured Loans. Current customers are still able to make payments on their already existing loans.


What is the meaning of Mobilization of credit in banking?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.


Why deposit mobilisation is necessary?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse, the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.

Related questions

Why creditors use accounting information?

Creditors want to evaluate before granting credit to company that will company be able to return back credit when maturity time arrives.


What is the job description for a credit manager?

The basic job description for a credit manager is to be accountable for the entire credit granting process. This process includes the consistent application of credit policy, periodic credit reviews of existing customer, and the assessment of the creditworthiness of potential customers.


Write an essay on risks to a business of granting credit to customers?

Businesses take on many risks when granting credit to customers. If the bank is lending money for an unsecured loan, there is nothing that can be held as collateral should the customer default on their payments. Also, in certain states, if the consumer files for bankruptcy, the bank may have no legal hold on any assets, and will not be able to get back the money they have lent out.


Why did Britain France and the US not stop fascists aggression in the 1930s?

The policy that France and Britain pursued against aggressive nations during the 1930s is known as appeasement. It is a policy of granting concessions to a potential enemy in the hope that it will maintain peace.


What is Loan granting?

what are the introduction to loan granting


Why is appeasment a word to be feared?

It is the policy of granting concessions to potential enemies to maintain peace. In the famous words of Winston Churchill, "An appeaser is someone who feeds the alligator in hopes that it will eat him last."


What are the services that Welcome Finance offers?

Unfortunately, Welcome Finance is in default. This means they are no longer accepting any new customers or granting any new loans. Previously, Welcome Finance offered Personal and Secured Loans. Current customers are still able to make payments on their already existing loans.


What is the meaning of Mobilization of credit in banking?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.


Why deposit mobilisation is necessary?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse, the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.


What is deposit mobilisation in banking?

As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.


What was the technical term for granting a slave freedom in Roman times?

The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".The Latin word for granting a slave's freedom was/is "manumissio". In English it would be "manumission".


What is the first step for supervisor when granting leave request?

what is first step for supervisor when granting leave request