View Single Post
Old Oct 11th, 2018, 17:54   #2
cheshired5
Premier Member
 

Last Online: Dec 26th, 2021 13:42
Join Date: Dec 2013
Location: Crewe
Default

I would say that any mortgage application is almost certain to be analysed at some point by a person whereas a loan application will most likely be computerised and will only give a no or referral if your general credit rating and payment history score doesn't pass an arbitrary pass mark.

I agree that it can appear not to make sense but many financial instruments are counterintuitive.
__________________
2002 S60 SE D5 Manual
209000 miles
cheshired5 is offline   Reply With Quote