Part of a loan application evaluation process

Assignment Help Financial Management

Reference no: EM13807990

Which of these may lawfully be used as part of a loan application evaluation process?

A. The applicant's religious beliefs

B. The fact that the borrower is over 40 years old

C. A credit score

D. None of these

Reference no: EM13807990

Questions Cloud

Firm has a limited capital budget : If a firm has a limited capital budget and too many good capital projects to fund them all, it is said to be facing the problem of

Using the ddm what is estimate of the current stock price : Stock X's expected dividend in one year of $3.00 and the dividend is expected to grow at a constant rate of 6%. The required return is 10%. Using the DDM what is the estimate of the current stock price?

What is the estimate of the current stock price : Stock Y issued a dividend of $2.00 today which is expected to grow at 4% for the next 5 years and then grow at a constant rate of 2% after that. The required return is 10%. Using DDM what is the estimate of the current stock price?

Prohibits all commercial structures : A city passed a zoning ordinance that prohibits all commercial structures over 30 feet high. A man wants to build an office building that will be 45 feet high. In order to obtain permission for the building, the man may apply for a

Part of a loan application evaluation process : Which of these may lawfully be used as part of a loan application evaluation process?

The equal credit opportunity act prohibits discrimination : The Equal Credit Opportunity Act prohibits discrimination in the lending process based on

Touching up peeling paing is an example of curing : Touching up peeling paing is an example of curing

What is present value-assume the appropriate discount rate : An investment will pay you $91,000 in five years. Assume the appropriate discount rate is 6.25 percent compounded daily. What is the present value?

Earn an effective annual return on its consumer loans : Magnus Credit Corp. wants to earn an effective annual return on its consumer loans of 15.25 percent per year. The bank uses daily compounding on its loans.

User Account

All Pages