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For Individual Disbursement Loans, how does BridgePoint determine the amount it will lend against a file?

April 26, 2017bridgepoint determine disbursement file individual lend Loans

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For Individual Disbursement Loans, how does BridgePoint determine the amount it will lend against a file?

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The loan amount or credit value BridgePoint will offer on any file is generally equivalent to a percentage (up to 100%) of its outstanding disbursements. BridgePoint does not attribute credit value for unrealized legal fees, though these do form part of our security.