Lending Questions to be discussed in this specific paper.
1. List the 5 Cs of Credit and describe each one of the Cs in your own words.
2. Using the 5 Cs of Credit as your guide, tell me the process you would follow in making a loan credit decision.
3. We have discussed a Loan Committee make-up and function in class. I want you to define the following jobs in that Loan Committee
a. Which member of the committee represents the customer or proposed borrower’s interest in that Committee Meeting?
b. Which committee member usually plays the Devil’s Advocate during the Presentation?
c. What is the normal role of the other Lenders in the room during the Presentation?
d. Which Committee Member usually has the biggest or most important say whether the loan is approved or not in the Committee?
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