Answered: Discuss the appropriate skill must…

Business

Management

Discuss the appropriate skill must equipped by a lending officer in assessing loan application.

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter15: Using Management And Accounting Information

Section: Chapter Questions

Problem 3DQ

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Question

Credit Analysis and Lending Management

Question:

A lending officer is a representative of a bank, who evaluate and authorize
approval of business, real estate, or credit loans. In the loan application, a
lending officer identifies the right type of loan suit the applicant in ensuring
safety of the loan. Discuss the appropriate skill must equipped by a lending
officer in assessing loan application.

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