Preparing for a Consumer Loan

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Your lender needs to be satisfied that a Loan given to you represents a reasonable risk. It is for this reason that Lenders follow a standardized process for the evaluation of Loan applicants. Banks and other Lenders check your Credit Score and your Credit Report before approving your loan. You must take the effort to understand these processes and be ready with the documentation required. This section will demystify the whole process for you.

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