Questions tagged [determine]

Stefano Tue Jan 21 2025 | 5 answers 1442

I'm curious about how companies assess credit scores. What specific factors or criteria do they consider when determining an individual's or a business's creditworthiness?

isabella_bailey_economist Tue Jan 21 2025 | 5 answers 969

I want to understand the process through which a lender assesses and decides on the credit risk of an individual. What factors are considered and how does this evaluation impact the lending decision?

SkylitEnchantment Tue Jan 21 2025 | 6 answers 1329

I'm trying to figure out how to calculate the elasticity of demand for a product. I want to understand how changes in price affect the quantity demanded by consumers.

Daniele Mon Jan 20 2025 | 5 answers 726

I'm curious about how lending institutions evaluate the credit risk when considering loan applications. What factors do they look into to assess whether a borrower is likely to default on the loan?

Giuseppe Mon Jan 20 2025 | 6 answers 1632

Banks and lenders utilize credit scores as a key metric to assess the creditworthiness of borrowers. These scores help determine the likelihood of repayment, thereby influencing loan approvals, interest rates, and credit limits offered to customers.