Loan Application Tips

Money/Finances - Loans
By: goodselfme    
01-May-2016
  • 01

    Compile Files

    When it comes to getting a loan, so many documents are necessary to produce. Filing those documents beforehand can lessen the stress of the day you ask for the loan. Your documents will be current and in order as you produce them to the loan officer if you compile them soon. Fix your filing system if it needs repair so you can put your fingers on the needed data at the drop of a hat. Label your files so you don't have to go searching the days you want to gather your loan information. Remember the need for a loan might be something that sneaks up on you. Be ready with good filing of everything.

  • 02

    Inquire at the Institution

    Your credit union or bank is a good place to do some research. Each institution is a bit different, so keep your findings separate so you can make the comparisons within the confines of the institution you sought for answers. Inquire about the procedure the institution requires of you to apply for a loan. Do this long before you need the money, so the stress level will be lower. When you get things lined up the transaction will go smoothly for you and the institution too. Write down loan officers names so you can remain with the same person and not have to double answer some questions already answered and the loan officer won't either.

  • 03

    Coverage For Your Purchase

    See out the correct amount you will need for the loan to cover your purchase as best you can qualify for when asking for money. Once the wheels are turning in one direction for a set amount, it might be difficult or impossible to go in another direction. When you ask for a set amount, see how much will actually cover all or most of the cost of the item you are buying. Planning is such a great tool when it comes to loan requests. If you gather past loans, those documents can actually help you with this purchase plan too.

  • 04

    Count Your Money

    Sit down and determine how your assets can help you toward your intended purchase. Be honest since the ways you deceive this process will only hurt you and perhaps prevent the purchase too. Know what you can afford and what you cannot. Buy smaller and keep going into the bigger things as you can afford them. It is better to step in baby steps in order to have adult steps later than to be so off that you actually hurt the present and the future. Do not consider possible raises or bonuses since they are not solid for counting your money.

  • 05

    Keep Accounts Open

    If you have several accounts that allow you to charge on them, do not cancel those. That will only hurt your credit rating. Pay them off or at least make the minimum payment each and every month. This will show your accountability to being financially stable with your existing charge cards and charging accounts you own. Old accounts are a great way to build good financial security for the future. If you do not have a good credit history, build one before you go for a loan. This can be done using credit cards and paying them off entirely each month. You can also get a small short term loan and pay it off before any interest is demanded of you.


Comments

Post A Comment

Submit Comment



Need a Top Five List Idea?

select one here...

  • The Top Five Photo Editing Websites
  • The Top Five Overseas Bed and Breakfast Sto ...
  • The Top Five Things I've Learned from Britt ...
  • The Top Five Funniest Movies For Kids
  • The Top Five Traditional Thanksgiving Dishe ...
  • The Top Five Board Games for Groups
  • The Top Five Smart Phones of the Year
  • The Top Five Teeth Whitening Tips
  • The Top Five Auto Insurance Companies
  • The Top Five Reason to Rent
  • The Top Five Steps on How to Save Money
  • The Top Five Most Influential Speeches
  • The Top Five Professions
  • The Top Five Five Music Genres
  • The Top Five Websites for Kids
  • The Top Five Advice for New Moms
  • The Top Five Foods for Diabetics
  • The Top Five Tips for Planting a Garden
  • The Top Five Candle Scents for Summer Time
  • The Top Five Items you Never want to Lose
  • The Top Five Restaurants
  • The Top Five Healthy Recipes
  • The Top Five Health Insurance Companies
  • The Top Five Skills Needed for a Career in ...
  • The Top Five Places to Live
  • The Top Five Steps on How to Avoid Credit C ...
  • The Top Five Five Smart Phones
  • The Top Five Tips on How to Make Money Onli ...
  • The Top Five Paint Colors for a Home
  • The Top Five Tips for New Parents
  • The Top Five Most Hated Celebrities
  • The Top Five Pasta Recipes
  • The Top Five Places for Kids Birthday Parti ...
  • The Top Five Movies of 2010
  • The Top Five Baby Bags for Moms
  • The Top Five Books to Read This Year
  • The Top Five Steps on How to Potty Train Yo ...
  • The Top Five Pets you Should Own
  • The Top Five Ways to Keep Unwanted Pests Ou ...
  • The Top Five Funniest People
  • The Top Five HDTV brands
  • The Top Five Places for Discount Furniture ...
  • The Top Five Universities for MBA
  • The Top Five Bedroom Decorating Ideas
  • The Top Five Holidays
  • The Top Five Designer Shoe Brands for Women ...
  • The Top Five Ways to Get a Phone Number
  • The Top Five Talk Shows on TV
  • The Top Five Budget Mistakes Most People Ma ...
  • The Top Five Spyware Removal Systems
  • The Top Five Most Influential Sports Figure ...
  • The Top Five Reasons For Leaving a Job
  • The Top Five Items you Can’t Live Without
  • The Top Five Vacation Spots
  • The Top Five Foods For an Upset Stomach 
  • The Top Five Places to get French Fries
  • The Top Five Ways to Earn Money as a Colleg ...
  • The Top Five Wedding Themes
  • The Top Five Things to do at Disneyland
  • The Top Five Job Opportunities for People W ...
  • The Top Five Must See Events in Las Vegas
  • The Top Five Websites for Music
  • The Top Five Movies of All Time
  • The Top Five Video Games
  • The Top Five Steps to Internet Security
  • The Top Five Ways to Keep Track of Spending ...
  • The Top Five Online Social Networks
  • The Top Five Tax Mistakes People Commonly M ...
  • The Top Five Home Air Purifiers
  • The Top Five 4th of July Party Ideas
  • The Top Five Wedding Gowns
  • The Top Five Places to Find a Job
  • The Top Five Candy Bars With Peanut Butter
  • The Top Five Causes of Road Rage
  • The Top Five Ways to Prevent Skin Cancer
  • The Top Five Business Marketing Tips
  • The Top Five Places to See in the World
  • The Top Five Movies With a Twist
  • The Top Five Quotes to Live by
  • The Top Five Ways to Improve your Health
  • The Top Five Tips for Newlyweds
  • The Top Five Stresses of Home Ownership
  • The Top Five Unhealthy Foods for Dogs 
  • The Top Five Steps to Home Security
  • The Top Five Wedding Websites
  • The Top Five Funniest Movies Ever
  • The Top Five Reasons to Vote During Electio ...
  • The Top Five Sporting Events
  • The Top Five Ways to Keep your Lawn Green
  • The Top Five Inventions That Changed the Wo ...
  • The Top Five Dessert Recipes
  • The Top Five Michael Jackson Songs
  • The Top Five California Landmarks
  • The Top Five Songs About Texas
  • The Top Five Schools for Business Managemen ...
  • The Top Five Ways to Earn Money Online
  • The Top Five Jewelry Stores
  • The Top Five Websites for Photographers
  • The Top Five Cell Phones Under 50 Dollars
  • The Top Five Golfing Tips
  • The Top Five Outdoor Activities
  • The Top Five Free Places for Veterans to Ea ...
  • The Top Five Xbox 360 Games
  • The Top Five Helpful Hints to Get Pregnant  ...
  • The Top Five Youtube Videos for 2010 
  • The Top Five Tips for Staying Positive
  • The Top Five Ways to Stay in Shape
  • The Top Five Places to Retire
  • The Top Five Luxury Cars
  • The Top Five Tips for Healthy Blood Pressur ...
  • The Top Five Dog Breeds for Kids
  • The Top Five Signs that You are in Love
  • The Top Five States to Live In
  • The Top Five NFL Football Stadiums With A D ...
  • The Top Five Presidents of the United State ...
  • The Top Five Things to See in Dallas Texas
  • The Top Five Steps on How to Get a Date
  • The Top Five Ways to Improve your Resume
  • The Top Five Car Maintenance Checklist
  • The Top Five Soft Drinks
  • The Top Five Chicken Recipes
  • The Top Five Online Gaming Sites
  • The Top Five Ways to Workout your Upper Bod ...
  • The Top Five Carpet Cleaning Tips
  • The Top Five Designer Handbags
  • The Top Five Websites for Artists
  • The Top Five Days During the Year
  • The Top Five iPhone Apps
  • The Top Five Motivational Speakers
  • The Top Five Ways to Cope With Stress
  • The Top Five Book Series for Young Adults
  • The Top Five Healthy Meals For Under 5 Doll ...
  • The Top Five Financial Mistakes People Make ...
  • The Top Five New York Hotels
  • The Top Five Healthiest Fruits
  • The Top Five Ways to Relieve Stress
  • The Top Five Home Improvement Tips for Sell ...
  • The Top Five Hair Products Women Must Have
  • The Top Five Healthiest Choices for Breakfa ...
  • The Top Five Simple Smart Phones
  • The Top Five Tips for New Businesses
  • The Top Five Walt Disney Movies
  • The Top Five Wedding Favors
  • The Top Five TV Shows of All Time
  • The Top Five Websites for Discount Vacation ...
  • The Top Five Creative Ways to Announce a Pr ...
  • The Top Five Card Games for Four Players
  • The Top Five Reasons to Invest in Running S ...
  • The Top Five People you Would Want to Meet
  • The Top Five Songs About Love
  • The Top Five Ways to Stop Smoking
  • The Top Five Safest Cities in America
  • The Top Five Commercials
  • The Top Five Candle Scents for Winter 
  • The Top Five Mistakes Parents Make With Kid ...
  • The Top Five Vitamins for Hair Growth
  • The Top Five Superheroes
  • The Top Five Shampoos
  • The Top Five Cities to Live in
  • The Top Five Ways to Get a Loan
  • The Top Five Places to Get a Student Loan
  • The Top Five Ideas for Anniversary Gifts
  • The Top Five Nascar Drivers
  • The Top Five Healthiest Snacks
  • The Top Five Greatest NBA Players of All Ti ...
  • The Top Five Ways to Find Cheap Flights Onl ...
  • The Top Five Diet Pills
  • The Top Five Harry Potter Movies
  • The Top Five Clues for Crossword Puzzles
  • The Top Five Country Singers of All Time
  • The Top Five Nuts that go in Salad
  • The Top Five Rules for a Strong Relationshi ...
  • The Top Five Fast Food Restaurants
  • The Top Five Hair Products
  • The Top Five Educational Websites for Kids
  • The Top Five Prom Dresses
  • The Top Five Facts About the Sun
  • The Top Five Funniest Websites
  • The Top Five Pasta Recipes for Kids
  • The Top Five Places to Find Crazy Video Cli ...
  • The Top Five Attractions in the USA
  • The Top Five Car Seat Safety Tips
  • The Top Five Books for the Kindle
  • The Top Five Cartoons for Toddlers
  • The Top Five Ways to Save Money
  • The Top Five Funniest Jokes
  • The Top Five Things you Should Not do in an ...
  • The Top Five Knock Knock Jokes
  • The Top Five Sources for Vitamin D
  • The Top Five Ways to Invest in Real Estate
  • The Top Five Google Apps
  • The Top Five Ways to Turn Down a Job Offer
  • The Top Five Places to get a Free Credit Re ...
  • The Top Five Gaming Consoles
  • The Top Five Computers for College Students ...
  • The Top Five Makeup Tips for Teens
  • The Top Five Ways to Get a Grant
  • The Top Five Ways to Update your Home Witho ...
  • The Top Five PGA Golfers
  • The Top Five Planets in the Solar System
  • The Top Five Clothing Lines for Modest Clot ...
  • The Top Five Ways to Avoid Unemployment
  • The Top Five Places to Buy Electronics
  • The Top Five Bealtes Songs beatles songs Wr ...
  • The Top Five Hair Removal Options
  • The Top Five Career Moves for Teachers
  • The Top Five Places to Mountain Bike
  • The Top Five Foods to Avoid when Trying to ...
  • The Top Five Online Flower Delivery Compani ...
  • The Top Five Reasons you Should Play Fantas ...
  • The Top Five Creative Ways to Ask a Girl to ...
  • The Top Five Reasons Smoking is Bad
  • The Top Five Foods That Help you Lose Weigh ...
  • The Top Five Things to do Before your 60 Ye ...
  • The Top Five Steps on How to Make a Website ...
  • The Top Five Most Trusted Cars
  • The Top Five Places to Find Cheap Books
  • The Top Five Xbox 360 Kinect Games for Exer ...
  • The Top Five Quotes From the Movie Elf
  • The Top Five Ways to Build Muscle