Sentences with phrase «creditor declines your application»

But when a creditor declines your application, its useful to figure out why and correct the problem.

Not exact matches

For instance, if you plan to apply for mortgage loan, your application may be declined if your debt to income ratio is above 43 % except your lender is a small creditor.

Most new applications will automatically be declined because without access to your file, the creditor will have no way to evaluate your credit.

however, declines to adopt some industry commenters» suggestion that for creditors that receive consumer applications from mortgage brokers, the three - business - day period should not begin until such creditors receive consumer applications from mortgage brokers.