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Which of these are needed when applying for a loan? Choose all answers that apply: A paystubs B address social security number D birth certificate

Pergunta

Which of these are needed when applying for a loan?
Choose all answers that apply:
A paystubs
B address
social security number
D birth certificate

Which of these are needed when applying for a loan? Choose all answers that apply: A paystubs B address social security number D birth certificate

Solução

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AntônioMestre · Tutor por 5 anos

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A, B, C

Explicação

## Step 1<br />When applying for a loan, the lender needs to verify your identity and your ability to repay the loan. This is done by checking your credit history and your current financial situation.<br /><br />## Step 2<br />To verify your identity, the lender needs your Social Security number. This is a unique identifier that is used in the United States to track individuals for social security purposes.<br /><br />## Step 3<br />To verify your current financial situation, the lender needs your paystubs. These documents show your income, which is a key factor in determining your ability to repay the loan.<br /><br />## Step 4<br />The lender also needs your address. This is to ensure that you are a resident of the country and to verify your identity.<br /><br />## Step 5<br />A birth certificate is not typically required when applying for a loan. This document is used to verify your identity, but it is not as direct or common as the other documents listed.
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