Factors that impact rate and amount of your loans & borrowing
loans and borrowing
- 147 Views
- Level - 6,3,8,6 BASIC
Borrowers need to convince lenders about their ability and willingness to repay on the basis of collateral, income statements or credit scores. Watch this video to learn about the factors that influence amounts and rates for formal loans.
AUTHOR(s):Uma Shashikant
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