answersLogoWhite

0


Best Answer

poor credit ratings

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the most common reason that a consumer is refused a loan by a bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is The most common reason that a consumer is refused a loan by a bank is?

poor credit ratings


When was Santander Consumer Bank - Norway - created?

Santander Consumer Bank - Norway - was created in 2001.


King refused to believe that the of justice is bankrupt?

bank


How do i fix an issue with my credit card being declined?

There has to be a reason for the card to be declined ! Contact the card company and ask them why the card was refused. Common reasons for a card being declined are... Insufficient funds in the bank account, not enough credit balance on the card, or the card is reported lost/stolen.


Where can one get a consumer loan?

In order to get a consumer loan, it is important to consult your local bank. Any bank will be willing to give you a consumer loan depending on factors such as your income and credit score.


Can you go to the bank to take out a loan?

That is probably the most common way to borrow money and the main reason banks were created.


Why did the state of Maryland bring suit against a U.S. branch bank in Baltimore?

This branch bank refused to pay certain taxes levied against the bank.


You applied for a job in a bank and they refused you for being bankrupt will you be able to apply again right after your discharge?

You can apply as many times as you like I guess. You should inquire how long they will consider your bankruptcy as a reason to not hire. It will probably be for a number of years.


In McCulloch v. Maryland why did the state of Maryland bring suit against a U.S. branch bank in Baltimore?

This branch bank refused to pay certain taxes levied against the bank


Why did Jackson refuse to recharter the National Bank?

Jackson refused to recharter the National Bank because it went against his beliefs. He deemed the bank unconstitutional. He also saw that the attack based on the bank was a very personal attack.


Why bank close a bank account without reason?

Because they want to hahahahahah :)


Where can one find more information about fixed home equity loan rates?

One can find more information about fixed home equity loan rates from: Bank Rates, Wells Fargo, Chase, Bank of America, Zillow, Wikipedia, Consumer FTC, PNC Bank, Consumer Finance, CItizen Bank, to name a few.