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How do you convince a bank to give you a loan!
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[QUOTE="Rachael, post: 226425, member: 68963"] It is almost impossible to convince a bank verbally to release loans or funding to you as an individual. Albeit, there are practical ways which you can convince a bank to give you a loan. Through tending all the required documents, completing the paper work, having a good credit history and also guarantors which are above level eight in the civil service are all feasible ways in which a bank can be convinced to release funds. It would be difficult for banks to release funds if the reverse were the case, where an individual has bad credit history, lacks guarantors due to the fact that no one trusts him or her when it comes to money issues and also lacking collateral. Banks also deals squarely when there is a proof to backup as an evidence. The ability to convince a bank would go beyond verbalism into something that can be documented in case the individual tries to escape or elope when the time for repayment draws neigh or elapses. It is therefore pertinent that whenever we get loans, we should try as much as possible to repay it at the appropriate time and with the agreed interest rates as well. [/QUOTE]
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How do you convince a bank to give you a loan!
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