What typically indicates a strong character assessment for a borrower?

A strong character assessment for a borrower is primarily indicated by a long employment history. This factor showcases the borrower’s stability and reliability in maintaining consistent employment over time, which in turn suggests a greater likelihood of fulfilling financial obligations such as loan repayments. Lenders often view a stable employment history as a sign that the borrower has a reliable source of income, making them a lower risk for defaulting on loans.

While a high credit score can also be an important indicator of creditworthiness, it reflects past credit behavior rather than ongoing stability. High asset value demonstrates financial capability but does not directly reflect the character or reliability of the borrower in terms of payment history or stability. Multiple credit cards may suggest the borrower's willingness to use credit but could also indicate risky financial behavior or overextension, which is not a direct measure of character. Overall, the emphasis on long employment history as an indicator of character aligns with a lender’s perspective on borrower reliability and risk assessment.