Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are lenders looking for in a Credit Report?

credit report lenders
0
Posted

What are lenders looking for in a Credit Report?

0

In many cases, a lender extending you credit may never actually meet you. Most of the time, they won’t have an opportunity to learn what type of a person you are or to discover for themselves if you are a trustworthy, capable individual. Often, all they have to make a judgment about your ability to pay is by looking at your credit history, which is an accounting of your ability to repay debt.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123