Ever wondered how banks decide who gets loans? In this video, we'll dive into the lending criteria and risk assessment process that banks use to evaluate loan applications. From credit risk to risk management, we'll explore the key factors that influence loan underwriting and approval. Whether you're a personal finance enthusiast or just looking to understand the basics of banking, this video will give you a comprehensive overview of the lending process. We'll also touch on current events in the stock market and how they impact banks' new interest rates. By the end of this video, you'll have a better understanding of how banks make loan decisions and how you can improve your chances of getting approved. So, let's get started and learn more about the world of finance and banking!
