If denied a loan, which of the following changes to your application process will not increase your chances of approval when you
re-apply? a. Apply for a larger loan amount. b. Increase your gross monthly income. c. Have a cosigner apply for the loan with you. d. Eliminate some of your debt before you re-apply. Please select the best answer from the choices provided A
In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names
Nominal values are values that can't be measured by the use of numbers such as is done in measuring age or counting academic achievements. Nominal values covers aspects such as; gender and employment status which is not measured in numbers.
<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>
