Credit without proof of Income is Possible Now

When it comes to lending, the creditworthiness of a borrower is classified by the bank. The financial institution uses creditworthiness to assess the default risk. A borrowing is only possible if a positive result is obtained during the credit check.  For a borrower without proof of income, the credit assessment is relatively difficult. For this reason, banks tend to refuse a loan without proof of income. Nonetheless, potential borrowers with no regular income are offered different ways to obtain a loan. Problems with credit without proof of income “Without income”…

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