t step in lending process
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WHY Loan interviewing is an important step in lending process.
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- Describe the steps involve in the lending or credit processWhat is the main purpose of loan loss provisioning? Explain the concepts of incurred loss model and dynamic loan loss provisioning. What are the problems with the incurred loss model and how does the dynamic loan loss provisioning tries to address those problems?Identify the following users as either external users (E) or internal users (I). Lenders