Credit risk documentation

What is credit documentation?
Share via: In general, credit documents are those documents that pertain specifically to the borrower (not the loan).
Financial institutions rely on credit documents to provide information about the customer or member and establish their creditworthiness..
What is credit risk reporting?
Credit risk reporting is the process of assessing the risk of default by a borrower on a loan or credit agreement.
A credit risk report is a tool that helps lenders make informed decisions about whether to extend credit and, if so, at what terms..
What is the credit documentation process?
Credit documentation includes the information and/or verifications used to analyze and support the loan decision and any subsequent loan servicing decision.
Documentation needs will vary given the loan size, risk, and complexity.
Documentation must provide adequate support for the decision made..

For example, the credit files should include current financial statements, financial analyses and internal rating documentation, internal memoranda, reference

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Credit risk documentation

What is credit documentation?

What is credit risk reporting?

What is the credit documentation process?