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#1999827 - 03/04/15 08:56 PM Elder Abuse
terpsfan Offline
Diamond Poster
Joined: Feb 2007
Posts: 2,055
If a elderly person requests a loan to pay the taxes on a lump sum he was told he will be recieving which based on all the details he has told us sounds to be a scam can we deny the loan based on possible elder abuse?

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Lending Compliance
#1999886 - 03/05/15 01:54 PM Re: Elder Abuse terpsfan
Rocky P Offline
Power Poster
Joined: Jun 2003
Posts: 7,640
As long as the bank is not denying the loan because of a prohibited basis, it is the creditor's choice. IMHO, the customer is most likely going to go elsewhere unless you get your (city/county/state) elder abuse department on it. The customer will not believe you over getting thousands of dollars.
Integrity. With it, nothing else matters. Without it, nothing else matters.

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