QUESTION 5 May Finance has analysed past consumer loans to develop the credit scorecard below: Characteristic Age Score Gross monthly income 50 50 RM2001 - RM4000 >60 30 RM4001 - RM8000 RM$8001 Score Ratio of disposable income to monthly repayments 0 2 Score Net wealth (assets - liabilities) - 150 RM 150 000 75 Score Credit history (internal) -150 None 0 Met all past payments 15 Missed past payments 50 Defaulted on loan in past - 150 Score Time in current job (months) 0 48 Score Time in current address (months) 0 48 Score Home ownership 0 Renting 25 Paying off mortgage 50 Owns home outright Score 5 25 50 The thresholds for the scorecard are: For automatic acceptance of the loan: a score >190. For automatic rejection of the loan: a score 50 50 RM2001 - RM4000 >60 30 RM4001 - RM8000 RM$8001 Score Ratio of disposable income to monthly repayments 0 2 Score Net wealth (assets - liabilities) - 150 RM 150 000 75 Score Credit history (internal) -150 None 0 Met all past payments 15 Missed past payments 50 Defaulted on loan in past - 150 Score Time in current job (months) 0 48 Score Time in current address (months) 0 48 Score Home ownership 0 Renting 25 Paying off mortgage 50 Owns home outright Score 5 25 50 The thresholds for the scorecard are: For automatic acceptance of the loan: a score >190. For automatic rejection of the loan: a score