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#1771593 - 01/02/13 05:49 PM Reason for denial
Dodge Offline
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Joined: Mar 2010
Posts: 246
A customer applies for a unsecured loan and has a decent credit score; however, the credit score does not meet the banks required credit score of a unsecured loan. What reason would you enter if a customer doesn't meet the bank's policy for a loan?

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Lending Compliance
#1771617 - 01/02/13 06:40 PM Re: Reason for denial Dodge
swiggles Offline
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swiggles
Joined: Aug 2001
Posts: 7,333
You would look at the factors (on the credit report) that cause the credit score to be what it is and then choose Reg B denial reasons that mirror what those factors indicate.
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