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In addition to income and net worth, what else should be considered when assessing whether a client will qualify for a loan?

April 26, 2017addition assessing client income loan NET qualify worth

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In addition to income and net worth, what else should be considered when assessing whether a client will qualify for a loan?

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To help determine whether your client is “credit worthy” consider: • whether they have established a file at the credit bureau; • if they regularly pay their bills on time; • if they can comfortably afford their obligations with money left over after meeting their living expenses.