Once you have the relevant scripture-block(s), you’re ready to formulate a Bible-based answer to the question.
How does it inform? The passage was picked for a reason; we “thought” it applied. But based on the context, does it really and how? This can be the most dangerous part of getting to an accurate interpretation.
Does it apply? This is usually a simple “Yes” or a “No”. However, sometimes we can’t be sure of its application with just the passage alone. Therefore, it could be a “Somewhat” or “Not exactly” or “Possibly”. In these cases, we don’t want to jump to a conclusion and apply that passage without first weighing its applicability in light of the other passages. A good example of this is with prophecy, where an inspired writer has not interpreted for us. This is, yet again, Scripture interpreting Scripture in practice.