- conducting a credit score assessment otherwise acquiring credit references to the borrower and/or anybody lawfully or financially responsible for new debtor (elizabeth.grams., shareholder(s), guarantor(s) an such like.), and;
- finishing an evaluation of installment element of debtor.
A lender can buy both credit records or conduct borrowing from the bank checks towards the borrower otherwise with the people who happen to be accountable for brand new borrower.