"Information Problematic" borrowers are generally

Question

Quizplus · Accepted Answer

"Information Problematic" borrowers refer to those who have difficulty providing sufficient and accurate financial information to lenders. Small businesses and individuals often fall under this category because they may have limited financial histories or lack the resources to prepare detailed financial statements, making it challenging for lenders to evaluate their creditworthiness. Municipal governments and large businesses usually have more established financial track records and greater resources to provide adequate information, while the federal government typically has substantial financial information available.

"Information Problematic" Borrowers Are Generally