Accountancy, asked by alzagarrechelle, 6 months ago

What are the feelings of the lender towards the borrower when extending credit?​

Answers

Answered by Anonymous
15

Answer:

Lenders may look at a borrower's credit reports, credit scores, income statements, and other documents relevant to the borrower's financial situation. They also consider information about the loan itself.

Answered by saniya21082005
2

It is true that banks will not allow their money to let-go easily. A due course of action will take place. But if one is unable to pay personal loan EMI (say), this does not make him/her a criminal. ... Loan defaulter will not go to jail: Defaulting on loan is a civil dispute.

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