Sentences with phrase «loan denials as»
There are some very common reasons for loan denials as well as corrective measure to avoid them.
http://www.badcreditloanservices.com/ Not exact matches
And we found that access to capital remains a huge challenge, especially for minority - owned businesses, which have loan denial rates three times as high as those of non-minority-owned firms.
As the result you get a higher interest rate when you: take a loan, open a new credit card account, lease a car, etc. 29 % of the credit reports in this study contained even more serious errors that could result in the denial of credit.
If your application for loan discharge based on a condition such as closed school, false certification, forgery, total and permanent disability, or unpaid refund was denied, but you believe you qualify for the discharge and want to request a reconsideration of your application, contact the party identified in the denial letter that you received.
This comes into play especially when looking for a large loan such as a mortgage and a high ratio can result in less than favorable terms and in many cases, denial for the loan.
If not as regards to loan approval or denial, at least, your credit will determine most of the loan terms, including loan amount, loan length and interest rate.
Usually credit denial comes as a result of the borrower's perceived inability to pay back the loan.
As a result of the changes in these final regulations, these applicants will not need to apply for reconsideration of an initial PLUS loan denial due to an adverse credit history, saving them time and effort.
One organization stated that it is not opposed to the Department improving transparency by providing more information about participation in the PLUS Loan program, such as the number of applications; approval, denial and reconsideration rates; and amounts borrowed.
The Student Loan Marketing Association (and, if the Association is privatized under section 440, any successor entity functioning as a secondary market for loans under this part, including the Holding Company described in such section) shall not engage directly or indirectly in any pattern or practice that results in a denial of a borrower's access to loans under this part because of the borrower's race, sex, color, religion, national origin, age, disability status, income, attendance at a particular eligible institution, length of the borrower's educational program, or the borrower's academic year at an eligible institution.
Underwriting: The formal approval or denial of a loan based on the purchaser's ability to pay off the loan and the value of the property as collateral.
As for the second part of the clause, the sole function of the words «to the extent of the amount of the outstanding loan (together with accrued interest payable thereon to the Funder by the Assured) due at the date of avoidance, repudiation or denial aforesaid» was to define the extent of indemnity by reference to the terms contained in the loan agreement accepted by the bank, whether or not that agreement was enforceable by the bank against the borrower.
• Recording loan data such as status, approvals and denials, by making effective use of technology.
As a Buyer, provided loan approval / denial to dealership and negotiated final terms.