How we can identify a bad loan proposal and a good loan proposal

Question

Accepted Answer

A bad loan proposal lacks feasibility and repayment capacity, while a good loan proposal has a clear purpose and a strong repayment plan.

A bad loan proposal may lack a clear purpose or have unrealistic projections
A good loan proposal should have a detailed business plan and financial projections
A bad loan proposal may have a history of missed payments or defaults
A good loan proposal should have a strong credit history and collateral
A bad loan proposal may have insufficient cash flow to repay the loan
A good loan proposal should have a clear repayment plan and sufficient cash flow to cover payments
A bad loan proposal may have a high debt-to-income ratio
A good loan proposal should have a reasonable debt-to-income ratio and a solid financial standing

Accepted Answer

Customer Cibil & Back ground and neighbour check

Accepted Answer

Customer CBIL Score Should Be More Than 700.

Accepted Answer

Loan provide for customers to verify the cibilscore.

The cibil score is 700 below Bad loan then 700 above is a good loan proposal

Accepted Answer

We can identify customer base of his credit bureau score

Accepted Answer

Based on customer profile and looks behavior

Popular interview questions of Credit Officer