Loan Pre-Approval Notification

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Also in the specified form, the borrower should provide facts of overdue debt obligations, criminal liability, and the existence of unfulfilled court decisions regarding him. Register and evaluate all earning opportunities for free Register Act of acceptance of broker services aimed at obtaining a bank decision on issuing a loan for the client Brokerage services are subject to payment if the loan is approved for the borrower. However, the client may change his mind after some time and make claims against the broker's work, demanding a refund. Therefore, the form of the act of acceptance of brokerage services should be included in the appendix to the agreement. By signing the agreement, the client agrees to document the fulfillment of the obligations by the parties under it by the act of acceptance. Price list for the amount of remuneration of a credit broker To avoid possible misunderstandings with the client, the credit broker should draw up a separate appendix to the contract with a price list for their services.


The easiest way is to indicate a percentage of the approved british student phone number list loan amount as payment for the broker's assistance in obtaining it. The price list may also describe the change in the broker's commission size in complex cases. The list should describe specific situations. The following factors are important: Official employment of the client; Possibility of confirmation of employment; History of overdue loans; The presence of open delinquencies on existing loans; Lack of permanent registration, etc. Specific situations can be described both by the influence of individual factors and by their combinations. Special cases that do not fall into any of the listed categories can be provided for separately. In such situations, a contractual price is established. Loan Pre-Approval Notification The next appendix to the agreement may be a form of notification by the broker to the client regarding the decision of the credit institution on the consideration of his application.


This form may contain both information about the refusal and about the bank's readiness to provide a loan for the purposes specified by the client, on terms acceptable to him. The document must contain the following information: Name of the credit institution; Date of decision on the client's application; Purpose of lending; Requested amount;