Borrower information typically includes their name, identification number, contact information, residential address, and income and occupation information. Lenders usually ask for the borrower's credit history, including credit score, previous borrowing history and repayment performance. In addition, the borrower is required to state the purpose of the loan, such as purchasing a home, starting a business or other consumer purposes. To assess repayment ability, the lender will also look at the borrower's financial situation, including income, assets and liabilities. If there is a guarantor or co-borrower, their relevant information is also required.