Friendly Lender

6 Reasons Why a Loan Application May Not Get Approved

6 common reasons why a loan application may not get approved

Overview Lenders use a variety of criteria to help them determine whether an applicant will be able to repay a loan. The criteria they use typically provide them with a picture of the credit risk presented by an applicant, their likelihood of defaulting on their payments, and so on. Therefore, the most common reasons why […]