Loans
Significance of Borrower Debt Ratio
The borrower debt ratio is one of the most critical financial indicators used by lenders to assess an individual’s or...
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Loans
Understanding the Borrower Debt Ratio
The borrower debt ratio is an essential financial metric used by lenders to evaluate a borrower’s ability to repay their...
Loans
Factors affecting loan repayment capacity
Loan repayment capacity is the ability of a borrower to meet their loan obligations without defaulting. SACCOs and other financial...
Loans
How is a loan risk assessment performed?
Loan risk assessment is a crucial process that financial institutions undertake before approving a loan. It involves evaluating a borrower’s...
Loans
Disadvantages of the reducing balance method in loan repayment
The reducing balance method is a popular way to calculate interest on loans, especially in sectors like banking and finance....