Credit & Loan Appraisal

Credit & Loan Appraisal is the process of appraising the credit worthiness of a loan applicant. Factors like age, income, number of dependents, nature of employent, continuity of employment, repayemnt capacity, previous loans, credit cards, etc. are taken into account while apprasing the credit worthiness of a person. Every bank or lending instution has its own panel of officials for this purpose.

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