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Defining a loan application

Answered by: 

Question: 
What is a loan application?
Answer: 

At its most basic, it is a request for credit, made according to your bank’s requirements. This is why the bank needs to define what an application is and --- the tricky part – ensure it conforms to regulatory and legal requirements.
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Learn more about Andy Zavoina’s webinar
Applications and Applicants – What you must know

First published on 09/02/2018

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