How do the bank provide loans for the people

1.	How do the bank provide loans for the people
Answer» Answer: When you apply for a loan, you authorize the lender to run your credit history. The lender wants to evaluate two THINGS: your history of repayment with OTHERS and the amount of debt you currently carry. The lender reviews your income and calculates your debt SERVICE coverage ratio. Explanation:

Answer»

Answer:

When you apply for a loan, you authorize the lender to run your credit history. The lender wants to evaluate two THINGS: your history of repayment with OTHERS and the amount of debt you currently carry. The lender reviews your income and calculates your debt SERVICE coverage ratio.

Explanation:

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How do the bank provide loans for the people​

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How do the bank provide loans for the people