What can I do if a loan is declined?
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baillie Apprentice
Joined: 18 Jan 2007 Posts: 1
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Posted: 08/13/08 - 06:13 Post subject: |
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| Are there any steps that I can take in a situation that I am denied a loan that I really need very badly? I hope that there is something I can do, but I am afraid that this is not something that will give me much hope. Do I need to think that this is not their final answer, or do I just have to accept their decision? |
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bryn Apprentice
Joined: 21 Oct 2004 Posts: 1
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Posted: 09/12/08 - 00:30 Post subject: |
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| If you are taking a loan from a bank, then this is something that you need to accept as something that will be like this and nothing else then this, because there is no need to get up into their face because they will not change their decision at all. The second thing that you need to realize that not all that many applicants to succeed in the first run, so most of them need to reapply for loans of different sort with different banks and they are able to succeed only after a couple of times. My advice to you would be to take your documentation for loan approval somewhere else and I hope that you will be of a better luck. |
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