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Who is credit officer?

Updated: 9/22/2023
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Wiki User

11y ago

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credit officer means he is a loan providing officer, most important thing is lot of people's having the most important problem is financial,so everybody needs a financial support ,so small scale industry should not be ready to provide the financial support to the people's,so any one of the large scale industry should be voluntarily providing the loan amount to the people's for using the self employment purpose ,so the credit officer(large scale industry) should be check and verify the people and to providing the loan amount, this work should be handled by credit officer.

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Lia Ruecker

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2y ago
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Related questions

What are the functions of a credit officer?

a Credit Officer will take a loan application, check out your credit, and if you qualify will see to it that your request is granted.


What is the difference between credit officer and loan officer?

credit officer assesses the capacity to pay of the client. loan officer extends loans to the assessed cleint


Responsibilities and duties of the credit officer?

yes


Who do you talk to at the bank to check on your bank credit?

You can go to your local bank or the bank which you bank with and ask a mortgage loan officer, or a loan officer to run your credit to see what it is.


What credit rating number would a loan officer considered bad credit?

Credit scores range from 300 to 850. Generally a loan officer would consider a score below 620 to be a sub-prime, or bad score.


What are the roles of a credit officer in a banking sector?

to give loan to comsumer


Who is the chief home loan officer of Washington Mutual Bank?

John P. McMurray was promoted in 2008 from Chief Credit Officer to Chief Risk Officer at Washington Mutual.


What are the characteristic of a good Credit Officer?

5 great qualities that will help a credit manager be successful.An economic background.Creativity.Flexibility.A strong sense of the customer.A good credit policy.


Who is a credit officer?

credit officer means he is a loan providing officer, most important thing is lot of people's having the most important problem is financial,so everybody needs a financial support ,so small scale industry should not be ready to provide the financial support to the people's,so any one of the large scale industry should be voluntarily providing the loan amount to the people's for using the self employment purpose ,so the credit officer(large scale industry) should be check and verify the people and to providing the loan amount, this work should be handled by credit officer.


Where can one go to obtain a line of credit?

A line of credit can be found practically anywhere depending on what you need credit for. Your local loan officer at a bank, a car dealership, a furniture store, a gas station, a local loan office other than a bank, a car title officer, an electronics store. There are also places online that give loans with less than perfect credit.


How do you compose a letter to explain negative credit to a loan officer?

Just be honest about the life circumstances that lead to your poor credit. Even if it was a total disregard for your personal credit just be honest,Remember it snot for the loan officer is is for the underwritierA good loan officer will go over the specific acounts that need addressing and are of concern at the initial loan application or interview Please i I can be of any further help please ask. Mike


How do you apply liaise?

Lease, you sign a lease agreement with a finance officer if your credit is very good.