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can u answer 4 and 5 please Evaluation of Individual Credit Worthiness. Submission date: 12 November 2021 Credit worthiness can be defined as determinants that
can u answer 4 and 5 please
Evaluation of Individual Credit Worthiness. Submission date: 12 November 2021 Credit worthiness can be defined as determinants that individual will default on their debt obligations, or how worthy they are to receive new credit. Act as a bank officer, you are required to: 1. Choose 1 type of loan application 2. Select any member of your family that is entitled for loan application. Assume that he/she would like to apply for the loan that you have selected. 3. Request the applicant to provide the necessary documents that will support the loan application for your evaluation. 4. Consider the suitable evaluation process to measure individual credit worthiness (eg: 5Cs) by creating a template in excel to insert necessary information. 5. Submit a full report by proposing the acceptance or rejection of the loan application. Evaluation of Individual Credit Worthiness. Submission date: 12 November 2021 Credit worthiness can be defined as determinants that individual will default on their debt obligations, or how worthy they are to receive new credit. Act as a bank officer, you are required to: 1. Choose 1 type of loan application 2. Select any member of your family that is entitled for loan application. Assume that he/she would like to apply for the loan that you have selected. 3. Request the applicant to provide the necessary documents that will support the loan application for your evaluation. 4. Consider the suitable evaluation process to measure individual credit worthiness (eg: 5Cs) by creating a template in excel to insert necessary information. 5. Submit a full report by proposing the acceptance or rejection of the loan applicationStep by Step Solution
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