Why do lenders request to look at your credit report before you can borrow money?
They w...
Why do lenders request to look at your credit report before you can borrow money?
They want to see how much money you have money you have in savings for the product you want to purchase
They want personal information, such as your high school and college GPAs, to deem creditworthiness
They can interpret your values and character based on your everyday purchases and assess your creditworthiness
They want to see how responsible you are in making payments on existing debt
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