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Loan Application: How a Lender Will Assess Yours

Going through the loan application process can be an exciting and challenging time in your life. Whether it’s for a personal loan, car loan or mortgage, there are many things a lender must consider when it comes to assessing your application and whether they are happy to approve your loan. Lenders consider much more than your income and deposit when it comes to deciding if they’ll lend to you. Here are some of the things you can expect a lender to look at when assessing your loan application. Your ability to service the loan First things first, lenders are going … Read more

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