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Factors banks must consider before granting or issuing loan to customers.
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[QUOTE="Sotherefore, post: 213170, member: 27033"] Nowadays if you are interested to get a loan from the bank , I believe the bank won't really care about your source of income but the most important thing they are likely to care about is just a collateral you can keep in place for the loan , that if you are not able to pay back the money you have collected they can easily use the collateral to get back the money they have given to you and this has been working perfectly. Even if you have to go to the bank to request for a loan you need to have a collateral first and they have to verify that you are the real owner of the collateral ,I believe some of the property's documents might be within their control . People who are really interested to get a loan from the bank have to understand that they must have a good reason why they are getting the loan because if you are getting a loan for the main purpose of establishing a business that won't really be profitable and if you are not able to pay back the loan you have collected, your your collateral might be at risk. [/QUOTE]
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Factors banks must consider before granting or issuing loan to customers.
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