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How do you convince a bank to give you a loan!
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[QUOTE="Kendy, post: 226386, member: 63869"] Banks do not work with words of the mouth convincing rather bank works with facts. No matter the level in which you're able to talk or you're coin your words, there is no bank that will just dish out loans to you, if your credit history is not up to a level they can be guaranteed then your loan application is likely to be terminated. It is not possible to just convince a bank to give out loans to you without having the necessary document or the necessary collateral to tender. In fact, banks do not give out loans to students who do not have a feasible source of income except it is empowerment grants or education loans which in most cases comes without interest rate. In order to assess loans from banks, it is good that you have had a good credit history which can boost your point of getting the loan at the appropriate time and also having to bring guarantors is one of the requirements in which bank of these days need before they can tender you a loan. Also, having a collateral which can be as a backup in case you will fail in payments and can be taken in forfeiture to the loan. [/QUOTE]
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How do you convince a bank to give you a loan!
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