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4 July, 14:22

Describe at least three things a bank would consider about you when deciding whether to give you a loan.

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Answers (2)
  1. 4 July, 15:20
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    Three things that they would consider are:

    1. Your credit history.

    2. Your ability to repay the loan.

    3. Your cash flow history.
  2. 4 July, 17:52
    0
    Your credit history (specifically, timely payments, your ratio of credit to debt and how long your credit has been established)

    Your current employment and or / income

    Other outstanding debts (debt to income ratio)

    Weather or not you own your home

    The purpose of the loan you are requesting

    What, if any collateral you have
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