Credit Evaluation School eBook

Description of Debt

• Original Amount Borrowed • Original Date • Original Due Date/Terms • Purpose of Loan • Repayment Source • Present Balance

Description of Debt Note: If any portion of the debt was previously charged-off or paid from liquidation of the collateral, this should be noted. •Past due status is applicable

•Tie-ins: related debt/related interests •Note any specific reserve balances

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