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Credit Application Letter – A credit application letter is a request made to the concerned authority to extend the credit period. It can be done orally, but it is wise for you to write a letter so that the record is maintained. Credit Application Letter Writing Tips As it is a formal letter, it has to be simple, precise and easy to understand.
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The underwriting process is a detailed and systematic analysis of a potential borrower's credit-worthiness, including employment history, salary, financial.
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