Tuesday, December 1, 2009

5 Words Never to Say to Your Lender

With many lenders getting bought up or going out of business, the standards for obtaining a loan have gone up tremendously. One can't even hope to obtain a loan with a credit score under 750. Other factors can contribute to the denial of your loan request. These are the five words NEVER to say to your lender: 

Desperate
Unemployed
Entrepreneur
Back Taxes
Gambler

Take a look at this article from Walletpop.com explaining why these words are taboo to lenders' ears.

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