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appraisal of aprospective barrower ability and willingness to a repay a loan

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12y ago
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6mo ago

Credit investigations are criticized because they are seen as invasive and intrusive into an individual's financial privacy. They can also be seen as discriminatory, as they disproportionately affect individuals with lower incomes or poor credit histories. Additionally, some argue that credit investigations do not provide a holistic view of an individual's financial stability or ability to repay a loan.

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Q: Why are credit investigations criticized?
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Credit policy of a company is criticized because the bad debts losses have increased considerably and the collection period has also increased discuss under what conditions this criticism may not be j?

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