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Who is the applicant in lc docs?
In LC (Letter of Credit) documents, the applicant is the party that requests the issuance of the letter of credit, typically the buyer or importer of goods. They provide the necessary documentation and information to the bank to facilitate the transaction. The applicant is responsible for ensuring that the terms of the LC are met and may also bear the financial obligation to reimburse the bank upon completion of the transaction.
What is a issuance LC?
letter of credit forum.
What is all of the information on a credit card application used for?
The information given by the applicant is not only used to verify the applicant's identity, but also to obtain their credit score, which will determine if the applicant is accepted as well the credit line offered to the applicant.
If you use MBNA Cleansweep for 10K debt but need a co-applicant can the co-applicant's credit be hurt?
Yes. The debt will appear on the co-applicant's credit reports
Will a co-applicant who has bad credit hurt the chances of the primary applicant getting approved for a loan assuming the applicant has good credit?
yes unfortunatly i think so.
What is swift mt 107?
swift MT107
How do lenders find information about bad credit when dealing with a mortgage applicant?
Lenders find information about bad credit when dealing with a mortgage applicant by running a credit check. They send your information to a credit service to see what information they can find.
What is an mt707?
MT707, Amendment to a Documentary Credit
Can a documentary letter of credit be swifted?
Yes
What does In DC mean for shipping?
documentary credit
Can your husband apply for a credit card for his girlfriend?
No, your husband cannot apply for a credit card for his girlfriend. Credit card applications typically require the applicant to provide personal information and financial details, and the applicant must be the individual who will be responsible for the account. Additionally, credit card issuers need to verify the applicant's identity and creditworthiness.
What is RDLC one type of letter of credit?
Revolving Documentary Letter of Credit
