Granting credit typically depends upon three factors: character of the borrower, capacity to repay, and capital used as collateral
credit department handles the credit granting, credit collection and credit limits of their applicants
Yes
You are correct that banks often check your credit score before granting a loan. There are many companies that offer your credit score including http://www.myfreecreditreport.com
Credit reporting agencies keep files of information on all consumers who have made credit transactions at some point in their lives. Credit granting institutions may purchase these files
not conducting credit investigation to the client before granting the loan
[Debit] Staff loans [Credit] Cash / bank
Yes home depot does have a credit card for its company but it does depend on your credit score and your credit history on if you can get the credit card
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.
Creditors want to evaluate before granting credit to company that will company be able to return back credit when maturity time arrives.
The Equal Credit Opportunity Act prohibits a creditor from discrimination in granting or denying credit. Discrimination is unlawful based on race or color, national origin, sex, marital status, age, religion, or public assistance status.
The college or university you will attend - Apex (:
Tax credit