ROMEOHERNANDEZZ8891 ROMEOHERNANDEZZ8891
  • 20-10-2017
  • Business
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Samuel applied for a loan to purchase a new car. his application was denied. what should he do now?

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LearnGrow
LearnGrow LearnGrow
  • 20-10-2017
In a situation in which Samuel's application for a loan to purchase a new car was denied, he can do several things:
1. Ask why he was denied. What thing lead to this situation?
2. If he made a mistake in the application, he should correct it.
3. And if not , for example if the denial is due to poor credit report, Samuel should get a free copy of his report from any of three major credit reporting agencies and get a second opinion.
4. And finally if this also does not work he should apply for a new loan.
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