What are the Top Information Sources for Credit Risk Assessment?

The top information sources for credit risk assessment include credit reports from credit bureaus, financial statements provided by the borrower, and trade references from other businesses. Credit reports offer comprehensive details on the borrower’s credit history, while financial statements provide insights into their financial health and ability to repay debts. Additionally, trade references offer perspectives from other entities that have conducted business with the borrower, aiding in evaluating their reliability and creditworthiness.

Learn More Download ebook Read Blog