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Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the fol

ID: 2719767 • Letter: S

Question

Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the following information on her mortgage application: The loan is automatically rejected if the applicant's total score is less than or equal to 120. The loan is automatically approved if the total score is greater than or equal to 190. A score between 120 and 190 (noninclusive) is reviewed by a loan committee for a final decision. Calculate Joan Doe's credit score Determine whether or not Joan Doe should be approved for a mortgage from your bank

Explanation / Answer

Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the fol