Both you re past income and other credit commitments are taken into account. Collateral are your assets. They will ask the value of what you own, such as your car, life insurance, savings account. Character is your attitude. When you have used credit previously, have you paid as promised.
Stability is employment and residence are also extremely important.
Incomplete application submitted 2. Lack of credit references or no credit history 3. Insufficient income 4. Too short a period of time in current joy or residency 5. Too much credit 6.