Get premium membership and access questions with answers, video lessons as well as revision papers.

What should a lender who is confident in his / her ability do?.

      

What should a lender who is confident in his / her ability do?.

  

Answers


sharon
i)Take time to reach a decision because detailed financial information requires time
to be absorbed.
ii)Get a second opinion from another experienced lender
iii)Get full information from customer and not to rush in making assumptions or “fill
in” missing details.
iv)Not to take customers statements at face value ask for evidence.
v)Distinguish between facts, estimates and opinions when forming a judgment.
vi)Think again when “gut reaction” suggest caution even though factual assessments
look satisfactory.
sharon kalunda answered the question on March 7, 2019 at 13:48


Next: Highlight the relationship between education and economic development.
Previous: Outline five stages in analyzing a new lending proposition.

View More Lending Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions