If you have a short credit account history, for example, you may be considered a higher
risk loan candidate than someone who has a long credit account history with good payment practices.
Not exact matches
Because private student
loans are not guaranteed by the government, private
loan lenders take on more
risk, so they typically look for
candidates with good credit.
Higher scores show that an individual is less of a credit
risk, and therefore a better
candidate for the bank to trust with its
loan.
The
candidate must be able to identify key credit
risks, make sound
loan structuring...