What information does the auto-decision functionality present?

The auto-decision functionality is designed to streamline the loan approval process by evaluating applications based on predetermined criteria. By presenting a scorecard of key loan criteria, this functionality provides a clear and succinct assessment of how an application measures against the necessary benchmarks for approval. This scorecard typically includes critical factors such as credit score, debt-to-income ratio, and other financial metrics that are essential in determining the likelihood of a loan being approved.

This functionality enhances efficiency as it reduces the time needed for manual assessments and allows financial institutions to make quick, data-driven decisions. The scorecard serves as a summary that helps lenders assess risk and make informed decisions in a timely manner, which is crucial in today's fast-paced financial environment.

While the other options may provide valuable information in their own right, they do not fulfill the same role as the scorecard in the context of auto-decision functionality. A checklist of required documents aids in application submission, a report of past loans offers historical insight, and a list of potential customers serves marketing purposes—none of which directly contribute to the immediate assessment of an individual loan application.