An ideal borrower

Regardless of the loan amount before you receive it, each borrower must be inspected Bank for its trustworthiness and solvency. This procedure, called underwriting, often causes borrowers anxiety and uncertainty: what if denied? So, in order to feel safe and can easily pass the test bank, you need to understand what information about the borrower the bank's interests and give it in a positive manner. But do not forget about the fact that the information about the borrower often thoroughly checked by the bank, so it should be as truthful. There are two types of underwriting: manual and automatic. Automatic verification, as a rule, subject to the information about the borrowers who contact the bank when you make a small loan. Such a test requires a minimum of information, and is done automatically by using a special program that analyzes the data and within minutes gives a solution. Such testing is called "scoring" and not always understandable layman, because it can approve the seemingly unreliable credit and, conversely, to deny the credit man who could easily pass a bank check in the manual mode. Therefore, if you gave the scoring failure, it does not mean that the desire to formalize a loan you can say goodbye. Sometimes you can get an automatic denial of credit in one department and the resolution - in another department, with the same bank. For details, see the article "How to easily get a bank check?" (RBK. Personal Finance).