It is impossible to compare to applications, as no two applications are the same. Some of the main information that we look at is listed below:
- Current Employment or Employability
- Education/Work Experience:
- Financial Behavior:
- Derogatory Fees:
- Visa Status
- Information Accuracy
- Credit Check/Credit Score (only for applicants with SSN)
Within this information, there are many variables which can result in a variety of different outcomes. It also depends on when you apply for a loan. For example, if you friend applied for a loan 3 months ago, we may have improved/changed our evaluation process; thus, it could result in a different outcome 3 months later.
For further questions regarding your loan offer please click here.