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Q: A lender uses a credit report to _____. decide if the applicant is creditworthy decide whether they have enough collateral for a loan determine the applicant's net worth notify a loan applicant if
they have been approved for the loan
A: A lender will request a credit report from one of three credit reporting bureaus. This report will give the lender an idea about how likely you are to repay a loan on time and in full.
swtnss7|Points 31|
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Asked 5/21/2013 2:03:38 PM
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