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Nopay Bank is a consumer bank specialized in personal loans. The credit market condition has been unexpectedly volatile in recent years causing different levels of
Nopay Bank is a consumer bank specialized in personal loans. The credit market condition has been unexpectedly volatile in recent years causing different levels of loan default. Both Nopay Bank's loan portfolio and the corresponding market condition are expected to stay the same in the foreseeable future. Nopay Bank's credit department has collected internal data on the number and the size of defaults for the last five years.
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