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متابعة

What are the 5 Ps of credit, and how do they influence a lender's decision-making process when evaluating a borrower's creditworthiness?

Person: Evaluates the borrower's character and credit history. Payment: Assesses the borrower's ability to repay the loan. Purpose: Examines the reason for the loan and its intended use. Protection: Considers any collateral or guarantees offered. Perspective: Looks at broader economic conditions and industry outlook.

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تم إضافة السؤال من قبل Maher Khalaf , Assistant Sales Director (Mobiles) & Head of Sales (Advertising Division) , Fast Telecom Trading Company
تاريخ النشر: 2024/09/25