Sentences with phrase «probability of your loan application»
A lower score will result in a higher probability of your loan application being rejected.
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Paying your balance — or a large portion of it — before submitting an application will reduce your credit utilization ratio and can increase the probability of loan approval.
If the bank believes that the applicant's income is not sufficient or stable enough to comfortably repay the loan, there is a high probability of rejecting the application.
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