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Lenders always accept applications for credit. True False

Lenders always accept applications for credit. True False
190k views
3 votes
Lenders always accept applications for credit.

True
False

User ZzZombo
by
7.9k points

2 Answers

3 votes
If they are lenders, this is how they obtain new contracts (Loans), so yes. The question is not whether they accept applications, but rather do they approve them.

User Jingshao Chen
by
8.3k points
6 votes
The answer is false. 
User Nahuel
by
8.2k points
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