Case Study 2 (Complex)

Split expenses. Sole Borrower with Joint Transactional Account

Applicant: Robert Goal: Personal Loan Channel: Website 

Scenario 2.png

Click Here for The Workshop Scores and Commentary

Questions to Consider

  • Practical advice on how to handle joint accounts.

  • More guidance on the privacy aspect of the 2nd person.

  • How should the lender deal with transactions the borrower is adamant they are not liable for?

  • How would the lender store the information? Consent from the 2nd person who is not a borrower?