Posts Tagged “lenders”

How lenders check creditworthiness before approving personal loans

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How lenders check creditworthiness before approving personal loans

When you apply for a personal loan, your credit report is often studied by the lender to assess your creditworthiness and understand how good you’ve been at managing credit in the past. Many financial technology companies currently active in the market employ risk-assessment algorithms to check the eligibility of applicants speedily and accurately. Perhaps the…

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