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Mrs Baptiste is 62 years old and has been a member of Financial institution for 15 years. She is a former Government employee. Her loans
Mrs Baptiste is 62 years old and has been a member of Financial institution for 15 years. She is a former Government employee. Her loans have generally been serviced as arranged. She has applied for a loan of $25,000 to take care of unexpected medical expenses.
Mrs Baptistes debt servicing ratio and loan exposure is high. How would you handle this situation? Please include what factors you would take into consideration and why.
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