What should NOT be included in the conclusion and recommendation section of a credit application?

The conclusion and recommendation section of a credit application serves to provide insight and final thoughts on the decision to approve or deny the credit. While it is important to summarize key points for clarity, a short summary of the points discussed throughout the application is not typically included in this section. The focus should be on providing clear recommendations and conclusions based on the detailed analyses presented earlier.

In contrast, a detailed analysis of the borrower’s credit history is essential for understanding the borrower’s creditworthiness, and listing all financial ratios evaluated provides critical quantitative assessments that support the recommendation. A conclusive statement regarding the loan amount requested offers clear guidance on the financial specifics being proposed. Therefore, while summarizing is useful, it is more appropriate to focus on actionable insights and outcomes in the conclusion and recommendation section rather than reiterating previously discussed points. This approach enhances the clarity and effectiveness of the recommendation being provided.