How does a lender determine a person's credit risk?
I want to understand the process through which a lender assesses and decides on the credit risk of an individual. What factors are considered and how does this evaluation impact the lending decision?
How to become a crypto lender?
To become a crypto lender, one can follow these steps: 1. Understand the market and research potential borrowers. 2. Establish a strong online presence with a professional website and social media accounts to build trust. 3. Choose a lending platform or create your own platform if possible. 4. Comply with legal requirements such as registering your business and obtaining necessary licenses. 5. Carefully evaluate collateral and set clear terms for repayment.