How the loan is continuously watched over after it is approved-00981
How the loan is continuously watched over, after it is approved and draws down allowed?
This multiple choice question (MCQ) is related to the book/course vu bnk603 Consumer Banking. It can also be found in vu bnk603 Lecture No.39 - Quiz No.1.
How the loan is continuously watched over, after it is approved and draws down allowed?
By keeping track of borrower’s compliance with credit terms
By identifying early signs of irregularity
By conducting periodic valuation of collateral and monitoring timely repayments
All of the given options