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Is Mortgage The Only Factor Bank Considers When Granting Loans?
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[QUOTE="Good-Guy, post: 176417, member: 29109"] We all know that there are many people who take loans in order to deal with problems in their business. There are many people who borrow money so that they could invest more money into their business whereas there are several people who have been borrowing money in order to start a new business. Nevertheless, we mostly seek the help of a bank or a financial institution when it comes to borrowing loans. There are several factors that are responsible for getting our loans approved and mortgage is obviously one of the major factor that can influence a bank's decision when it comes to granting loans. However, do you believe that mortgages are the only factors that banks usually consider when approving or rejecting loans? [/QUOTE]
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Is Mortgage The Only Factor Bank Considers When Granting Loans?
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