Answer:
The loan officer takes the following steps (not necessarily in this order) to assess the creditworthiness of the borrower:
- Run a credit report using any of the major credit reporting agencies like TransUnion, Experian or Equifax.
- Obtain accounts receivable aging reports.
- Check references.
- Conduct a gut check using creative investigative methods.
Explanation:
There are some factors that can affect creditworthiness or credit score such as: bill payment history, which comprises 35 percent of the total credit score and the most important factor in calculating credit scores, the level of debt, credit history age, types of credit on a report and number of credit inquiries, credit utilization, length of credit history. There are five “C's” to consider during a credit risk assessment: character, capacity, capital, condition, and collateral. Whether a sale is a domestic or international transaction.
The main factor lenders consider in determining a person's creditworthiness is investigation of a person's income, current debts, personal life, and past history of borrowing and repaying debts, capacity to pay, character, and any collateral you may have for loan guaranteed only by a promise to repay.
The managerial skills that she would likely be the most
crucial to performance in her job is the human relations skill. In this type of
managerial skill, the individual is require to do build and maintain
relationships in which the individual should be good in the way that he or she
communicates towards other people.
Answer:
Complete courses that may not transfer.
Explanation:
Transferring from a Two-Year College to a Four-Year College. If this is your plan, be sure that the classes you enroll in not only meet the requirements for your associate's degree but can also be put toward a bachelor's degree at the four-year colleges you're considering.
I may not be right but I tried.
International Trade Administration provides <u>a means to help US business compete in the global marketplace.</u>
Explanation:
International Trade Association constitutes an agency under the US Dept of Commerce and was formed in 1980. It is tasked with promoting export of non-Agri services and goods to the outside market.
Other objectives of ITA include providing information to Americans to help them select markets, ensuring them access to international markets and protecting them from unfair competition from dumping and cheap imports.
ITA as a bureaucratic organisation consists of 3 sub-units. These include Industry & Analysis, Enforcement & Compliance and Global Markets
Answer:
Below in the attached image is a well formatted solution to the above question as required
