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Year 9 NSW
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Personal finance
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Borrowing
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Factors considered by a lender
Factors considered by a lender
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Factors considered by a lender :
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Image 1 - The lender will assess the risks involved with loaning the money.
Image 2 - Your personal circumstances play a large role in a lender's decision to accept your loan application. Would you lend money to this man?
Image 3 - Lenders prefer that you have a reliable income so that you can meet the repayments on your loan.
Other Chapters
What is borrowing?
Types and suppliers of loans
Factors considered by a lender
Activities & Exams
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Chapters:
What is borrowing?
Types and suppliers of loans
Factors considered by a lender
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