Can a bank approved then deny a loan?
1
Asked By: Russel Kihn
Date created: Sat, Feb 27, 2021 12:29 PM
Date updated: Sun, May 14, 2023 3:55 PM
Content
Top best answers to the question «Can a bank approved then deny a loan»
One lender may approve you, while two deny you. Let's say one did approve you for the car loan, so you agree to the terms and take delivery of the vehicle. However, the other two lenders that denied you financing are still required to let you know that you were denied.