Provide one (1) example of further information a lender may request
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Provide one (1) example of further information a lender may request

Task 15 ― Monitor the lending process

Some loan applications may require further information following submission. This often means returning to the client to obtain the information.

Task 15: Question 1

Provide one (1) example of further information a lender may request. Explain common reasons for the additional information.

Hint
Accounts & FinanceLending which is also called as the financing, usually occurs when someone allows another person to usually borrow something. So, with the expectation that the borrower will either return the asset or repay the lender, the money, property, or even another asset are given by the lender to the borrower....

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