How to Have A Smoother Loan Process
Posted by Katie Paulsen
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Doing your part to make sure that your finances are in order prior to applying for a loan ensures a smoother process. Here are just a few helpful tips:
- Make no major purchases such as a car prior to applying for a loan
- Have complete documentation of your income
- Check and clean up your credit before attempting to borrow
- Reduce the number of outstanding credit options: close unused credit cards
- Remain current on all your loans
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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