by cashloans, Window Shopper
- Created: September 14, 2012, 8:58 am
- Updated: April 29, 2013, 11:30 am
I would like to start a discussion on why banks turn down loan requests. Most of the time – probably 9.9 times out of 10 – when a loan request is turned down, they state it has to do with credit issues. This makes it easy for them and it pushes the blame away from them. But, there are people with good credit histories (high credit scores) that are still tuned down. Thus, lets discuss why they say you were turned down, why you think you were turned down and what we (you) might be able to do about it. The main idea here is to find ways to overcome the obstacles that are holding you back from getting bank loans and even SBA loans that go through banks.
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