Writing an Effective Credit Memorandum

After a detailed credit analysis of a loan request has been performed, it's now time to communicate your findings in writing. Credit memoranda are a .. Read more primary means of communication within the banking industry. When writing effective credit memoranda, it's not what you say that commands attention, but how you say it. Credit memoranda serve three functions: 1) they provide information on the condition and status of a customer relationship; 2) they provide a record of thoughts and actions; and 3) they support or recommend action. "Excellent presentation for beginner credit analysts as well as a sound refresher for those with credit analytic experience. Easy to follow and understand for all levels. Excellent presentation for beginner credit analysts as well as a sound refresher for those with credit analytic experience.