The bank’s credit risk is the risk that the borrower will not repay his loan in the agreed manner. A number of factors can affect credit risk, such as the currency in which the loan was granted or the sum of the loan. From the bank’s perspective, the customer’s credit …
Mortgage and mortgage are not the same. Both of these services differ from each other in some assumptions, so let’s take a look at them and explain what they are about. What is a mortgage? Let’s start with what a mortgage is and how it works, because it may not …
Credit and loan – widely known and frequently used terms. It happens that we use them interchangeably . Few people know that they really mean something different, they have differences and a number of features that characterize each of them. What are these features? What are the differences between a …
The vast majority of lenders do not require any evidence of income. The only document you need to grant a payday payday is your ID card. However, very often the loan application contains questions regarding monthly revenues. When completing such an application, you must carefully consider all sources of income …
