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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 118 Topic 15 Discussion

CWM_LEVEL_2 Exam Topic 15 Question 118 Discussion:
Question #: 118
Topic #: 15

Section A (1 Mark)

A bank is considering making a loan to Neelam Pandey. The bank is looking at her credit report from Equifax and also examining the reason Neelam has put on the loan application for needing the loan? What aspect of evaluating a consumer loan application is the bank looking at?
A.

Character and purpose

B.

Income level

C.

Deposit balance

D.

Employment and residential stability

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Actual exam question for AAFM CWM_LEVEL_2 exam by Quill1252 at Dec 16, 2025, 12:00:18 AM

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