Given the pandemic’s economic impact, borrowers want to know if it has affected loan approval rates, application requirements, or the types of loans available.
Given the pandemic’s economic impact, borrowers want to know if it has affected loan approval rates, application requirements, or the types of loans available.
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It really had an impact during the pandemic because all the banks understood that many people would lose their jobs and they didn't want to risk their own money by lending to anyone. They decided to make the conditions tougher in order to increase the percentage of loan payments. It also affected meRead more
It really had an impact during the pandemic because all the banks understood that many people would lose their jobs and they didn’t want to risk their own money by lending to anyone. They decided to make the conditions tougher in order to increase the percentage of loan payments. It also affected me because my bank limited the amount for me, although it did not completely ban the loan. But I am glad that I did not need these funds then
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