Representative capture · 2 Jul 2026
Consumer credit decisioning
Cadre pack · Spark
Returns approve, decline, counteroffer, or refer within the illustrated credit policy.
One frozen, sanitized execution on representative data. It shows an observed path and retained decision—not repeatability, production fitness, legal instruction, or regulatory compliance.
Recorded decision
Decision record
Decision: APPROVED — Near-Prime Auto Loan
| Term | Detail |
|---|---|
| Loan amount | $22,000 |
| APR | 9.49% (near-prime rate) |
| Term | 60 months |
| Est. monthly payment | ~$462 |
| Score band | Near-Prime (686) |
| DTI (post-loan) | 21.8% (policy max: 45%) |
| LTV | 104.8% (policy max: 125%) |
Rationale
The application passes all hard policy tests cleanly. The applicant carries a 686 score (near-prime), a pristine credit history (no derogatives, no public records, all tradelines current), and stable salaried income that produces a DTI of only 21.8% after the new payment — less than half the 45% ceiling. The requested amount creates a 104.8% LTV on the 2022 Honda Civic, comfortably under the 125% cap. The near-prime APR of 9.49% is applied per policy. confidence not published.
Inspect the observed pathOpen the sanitized reasoning, actions, and ordered event record behind this decision.
Observed path
This is the retained public trace from one frozen representative execution. It is not a live run, a repeatability claim, or a complete production audit record.
I'll kick off by pulling the application and the policy in parallel — then fetch the credit report once I have its reference.
Got the application and policy. Now fetching the bureau report.
All data in hand. Let me work through the numbers before committing.
Underwriting Analysis — Application L3 (Auto)
1. Score Band
| Metric | Value | Policy Threshold |
|---|---|---|
| Bureau score | 686 | Prime ≥ 720 / Near-Prime ≥ 660 / Subprime ≥ 600 |
| Band | Near-Prime | Min for auto = 600 pass |
2. DTI
- Monthly gross income: $64,000 ÷ 12 = $5,333.33
- Existing monthly obligations: $700
- New loan payment (60 months, 9.49% APR near-prime rate):
- r = 9.49% ÷ 12 = 0.79083%
- Payment = $22,000 × [0.007908 × (1.007908)⁶⁰] ÷ [(1.007908)⁶⁰ − 1] ≈ $462/mo
- Total monthly debt: $700 + $462 = $1,162
- DTI = $1,162 ÷ $5,333 = 21.8% vs. policy max 45% ✅
3. LTV
- LTV = $22,000 ÷ $21,000 = 104.8% vs. policy max 125% ✅
4. Credit File Assessment
| Factor | Detail | Flag? |
|---|---|---|
| Score | 686 (near-prime) | Clean pass |
| Utilization | 34% | Moderate, acceptable pass |
| Derogatory marks | None | pass |
| Public records | None | pass |
| Tradelines | 2 (card + student — both current) | pass |
| Oldest account | 72 months | pass |
| Thin file | No | pass |
| Inquiries (6 mo) | 2 | Minor; no concern pass |
| Employment | Salaried, 40 months | Stable pass |
No hard policy failures. All ratios comfortably within policy. → APPROVE at near-prime terms.
Now recording the decision: