Fedbank Financial Services Credit Processing Associate Interview Questions and Answers

The question is asking about your willingness to work in different locations.

• I am open to working in different locations as it provides opportunities for growth and new experiences.

• I believe adapting to different environments can enhance my skills and knowledge.

• I have previous experience working in various locations and have successfully managed teams in different regions.

Credit assessment involves analyzing applicant's cash flow and repayment intentions through various methods.

• Types of credit assessment include credit reports, financial statements, and credit scoring models.

• Methods to evaluate applicant cash flow include analyzing income sources, expenses, and debt obligations.

• To assess repayment intentions, lenders may consider credit history, employment stability, and willingness to ...read more

Assessing a credit proposal involves analyzing the borrower's financial history, creditworthiness, and ability to repay the loan.

• Review the borrower's credit report and score

• Analyze the borrower's income and expenses

• Evaluate the purpose of the loan and the borrower's ability to repay it

• Consider any collateral or guarantors offered by the borrower

• Assess the overall risk of the loan and make a recommendation