Answer to Question #241607 in Finance for neaj

Question #241607

What does the Credit Manager can recommend to a dummy applicant in the bank?


1
Expert's answer
2021-09-27T18:29:58-0400

The credit application should not be approved since the risk level is above, which could result in negative consequences. Given that the credit application would never have a good credit rating, the institute's satisfaction must be maintained.


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