U Decide

PICO score of 730 and has no late payment in last year and has no defaulted bring in the last tailfin years. I have to give her this loan with the banks prime rate rundown 0. 5%. Brandon Sketches Case I would approve the loan for Brandon because he has a good PICO Score of 650. He has no late payment in last year and no defaulted loans In the last five years.I would need some information about his current employment and Income status, and If he as any new(prenominal) loans because he Is requesting for a large sum of money ($300,000). He deserves the 1. 5% interest of the Bank. Christine McDougall Case I tail end approve her loan with the banks prime rate plus 2. 5%. I would ask for to a greater extent Information regarding her current employment and Income status, and If she has any other loan. I will ask for more detail on her late payment. Has Christine ever pall back the balance plus Interest and late position?We will remember that she has a PICO core of 540 which is accept able. Daniel Blanknesss I will approve Daniels loan because He has an keen PICO score of 680 even though he has one late payment. He is still good if he doesnt have any other outstanding balance. Eric Moorings Case According to the banks lending policy Daniel cannot be canonical (His final two payments due not arrive at all). He asked for a loan that is not too big and has an acceptable PICO score of 490 according to the banks policy.I would ask if Eric wants to put more down for down-payment. Because if he pays more down-payment the less chance he will default the loan. I will ask if Daniel is soon employed and what his income and debt status are. I will consider approve the loan if everything meet the expectation he can pay back on time the loan and ask the Bank president approval. The bank can charge higher interest rate of 4. 5% above prime rate which is still risky.