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23 January, 20:22

You are a loan officer at a bank. An applicant comes to you for a $5,000 loan. Explain why you would want to know that person's credit history.

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Answers (2)
  1. 23 January, 22:54
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    You wouldnt want to give him the money if he had a bad past of paying back the money which is you credit score
  2. 24 January, 00:12
    0
    Due to the fact that you would not want to loan money to a person with bad credit meaning they have difficulty paying on time or paying at all it could be a loss if they do not pay back.
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