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#2218148 - 07/22/19 04:14 PM Loan to pay medical bills
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Applicant is asking for $3500 loan to pay/consolidate medical bills. Can we ask for anything to prove this purposes? Maybe the statements w/o the reason for the service....? We want to help this customer but not enough to hand over $3500 with nothing in the file to prove where the money is going. What do you think?
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Just working here until I get my letter from Hogwarts.

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Lending Compliance
#2218150 - 07/22/19 04:20 PM Re: Loan to pay medical bills HRH Okie Banker
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 79,294
Galveston, TX
Cut the checks directly to the creditors. In order to underwrite the loan, you must have that information.
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#2218151 - 07/22/19 04:21 PM Re: Loan to pay medical bills HRH Okie Banker
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Thank you. That is what I was hoping you'd say.
_________________________
Just working here until I get my letter from Hogwarts.

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