When the creditor has gathered the necessary information, it generates a judgement in regards to the consumer’s creditworthiness

When the creditor has gathered the necessary information, it generates a judgement in regards to the consumer’s creditworthiness

Its notable that the Mortgage Credit Directive has used an even more approach that is prescriptive information collection for the purposes regarding the consumer’s creditworthiness assessment before concluding a home loan agreement. Continue reading “When the creditor has gathered the necessary information, it generates a judgement in regards to the consumer’s creditworthiness”