Never Take Anything for Granite

"Spilled Milk" advice from the trenches.

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Download your FREE copy of this classic RMA Journal article to learn what you can do to manage loans better.‚Äč

Credit approvers tend to believe the numbers set before them, so they often do not scrutinize the data. The same forces—limited time to review and a desire to increase the loan portfolio—influencing lenders also influence credit approvers, so credit approvers rarely re-compute the data. Usually, any issues that arise are relatively minor, and the loan turns out to be a satisfactory investment. However, sometimes the oversights lead to a poor credit decision. 


This "Spilled Milk" article, originally published in The RMA Journal, presents a tale of costly underwriting and credit approval mistakes. Learn about:

  • The financial statement missteps.

  • The first signs of trouble.

  • What the analysis revealed.

  • And the outcome.

Download your free copy of "Never Take Anything for Granite" today; the lessons learned could keep you out of a similar situation.


Focus on Credit Risk

Credit risk is a critical area in today's banking environment. Download this article for insight on how to minimize losses in your credit portfolio.