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Outline some of the warning signs a lender should use to know he/she is dealing with a problematic account.

      

Outline some of the warning signs a lender should use to know he/she is dealing with a problematic account.

  

Answers


sharon
a) Account(s) are over limit or overdrawn without a limit.
b) Dishonour of cheques paid into the account (possible cross-firing)
c) Overdraft not repaid on time, or loan repayments delayed.
d) Previously dormant accounts e.g. salary credits.
e) Rising trend of overdrafts.
f) Mails returned marked ‘gone away’.
sharon kalunda answered the question on March 7, 2019 at 14:18


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