loan rejection
Bank says no
Loan rejection is a lender's decision to deny a borrower's application for credit.
Banks and other financial institutions reject loans for various reasons: insufficient income, poor credit history, too much existing debt, or inadequate collateral.
After her third loan rejection, she tried a different bank.
The term appears in discussions of lending discrimination and financial access.
- deniedRefused or disavowed
- declinedRefused or diminished
- applicationFormal request document
- creditRecognition or payment deferral
- credit historyRecord of past borrowing
bad credit · bank · disappointing · mortgage · debt · score · unqualified · insufficient · collateral · income · paperwork · underwriter · debt-to-income ratio · approval · interest · frustrating · reapply · second chance
- financial biasredlining, credit denial, fair lending, interest rates, approval rates
- debtdebt, creditor, owe, debtor, debt forgiveness
loan rejectionloan approval
Lender's formal acceptance
credit access · funding · money lending · creditworthiness · borrowing power
loan, rejection, loans, loaned, loaning, lender, reject, rejects, rejected