Loan Processor Question:

Download Job Interview Questions and Answers PDF

Tell me what is ‘Credit Check'?

Loan Processing Interview Question
Loan Processing Interview Question

Answer:

A credit check or a credit report is done by the bank on a basis of an individual's financial credit. It is done in order to make sure that an individual is capable enough of meeting the financial obligation for its business or any other monetary transaction. The credit check is done keeping few aspects in concern like your liabilities, assets, income etc.

Download Loan Processing Interview Questions And Answers PDF

Previous QuestionNext Question
Do you know what is ‘Loan grading'?Tell us what is your greatest weakness and what are you doing to improve it?