If a loan is denied to a customer by one bank on the grounds of the Credit report, will it be denied by other banks too?
By IndianMoney , 5 months ago
IndianMoney
5 months ago
Approving the loan application or rejecting them solely depends on the credit guidelines of the respective banks. If a bank rejects your application on ground of poor credit report then it is not necessary for other banks to reject your application.
