Not all people get the approval for personal secured loans. People with bad credit history have to face continuous problem in getting home loans sanctioned. Applicants earning variable income or having temporary jobs are not favorites of lenders as far as finance are concerned. Borrowers who are more than 40 years of age or self [...]
Social media profiles could jeopardise future borrowing opportunities, according to online direct lender MyRate.
As part of future eligibility checks, lenders might simply check social media profiles, so be careful which comments you post, said Kevin Sherman from MyRate.
Sherman said employment and income stability are crucial in determining the overall risk buyers pose to lenders.
So comments [...]