Name :Christabella age :34 years old Saving :450,600 have car license Job :Global Banking Manager Less debt obligations Don’t have missing out on payments Monthly Income:30,000 Currently has 3 loans:Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500 Assets : land(300,000), condominium(500,000) car(60,000) Now you are bank officer , Your customer christabella need to apply car loan ( BMW car it cost 300,000 ) you are required to : Make an credit worthinessof of Christabella’s car loan (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan ) explain why cristabella car loan accepted or rejected
Name :Christabella age :34 years old Saving :450,600 have car license Job :Global Banking Manager Less debt obligations Don’t have missing out on payments Monthly Income:30,000 Currently has 3 loans:Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500 Assets : land(300,000), condominium(500,000) car(60,000) Now you are bank officer , Your customer christabella need to apply car loan ( BMW car it cost 300,000 ) you are required to : Make an credit worthinessof of Christabella’s car loan (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan ) explain why cristabella car loan accepted or rejected
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
- Name :Christabella
- age :34 years old
- Saving :450,600
- have car license
- Job :Global Banking Manager
- Less debt obligations
- Don’t have missing out on payments
- Monthly Income:30,000
- Currently has 3 loans:Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500
- Assets : land(300,000), condominium(500,000) car(60,000)
Now you are bank officer , Your customer christabella need to apply car loan ( BMW car it cost 300,000
)
you are required to :
Make an credit worthinessof of Christabella’s car loan (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan )
explain why cristabella car loan accepted or rejected .
Transcribed Image Text:Your finance calculation
Finance product
FinanceCare
Car price
339,934
Sabah & Sarawak, Private, Metallic (prices in MYR)
Downpayment
33,994
10 %
Financed amount
305,941
Tenure
108 months
Your finance estimate
Monthly payment
3,509
Monthly payment + insurance
3,611
Your insurance premium estimate
Annual insurance premium
9,914
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