Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Career & Jobs
Factors banks must consider before granting or issuing loan to customers.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="PICKFORD, post: 208993, member: 37913"] The vast majority think that it is incredibly hard to buy another home without first acquiring a credit from a conventional bank. In any case, one thing you should comprehend is that advance endorsement is certainly not a straightforward cycle. Most of individuals know nothing about the necessities for getting a bank to endorse a home advance. Banks are allowed to dismiss home advance applications in view of an assortment of variables, including record, rating, the standing of the home manufacturer, the area of a particular property, and, above all, the relationship you have with the bank. Well below are the factors bank consider before granting loan to customers: 1. Purpose of the loan: the bank will want to know the purpose or reason why a customer will need loan if the loan is for a good purpose or profitable purpose, there is possibility that it may be granted. 2. ability to pay back the loan: the bank is also interested to know the financial capability of the customer to repay back the loan at expiration if the customer financial standing of capability is low the loan might not be granted to him. 3. financial position of the customers account: the bank will also study and analyse the financial position of the customer account to acceptable that loan can be given or not if at all it is for profitable purpose. 4. Sources of income to repay the loan: when the loan is giving out the bank is interested to know the source of income available to the customer to repay the loan. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Career & Jobs
Factors banks must consider before granting or issuing loan to customers.
Top