Credit Assessment Officer Interview Questions and Answers

5c's of credit are the key factors that lenders consider before granting a loan.

• Character - borrower's credit history and reputation

• Capacity - borrower's ability to repay the loan

• Capital - borrower's assets and net worth

• Collateral - assets pledged as security for the loan

• Conditions - economic and industry factors that may affect the borrower's ability to repay

Writing a letter to a customer

• Start with a friendly greeting

• Address the reason for the letter

• Provide any necessary information or updates

• End with a thank you and invitation for further communication

• Use a professional tone throughout