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Loans / Lines of Credit
Posted on: Nov. 17, 2009 I like this  Like This     Email to a friend  Email to a friend     Subscribe for updates  Subscribe for updates
Q. My husband and I have been members of the Credit Union since we were teenagers and have had many loans over the years.. Neither of us have ever missed any payments. So why is it so hard to get a loan?? We have been trying to get a $45000 dollar loan since Aug. This amount is peanuts compared to most. We both work and both make a very good wage. This should not be that difficult. Friends are telling us their situations they have at other financial indstitutes, they have no problems like we have. May be its time to look elsewhere

A. There are many variables that are taken into consideration when granting credit. Therefore, making a comment in this forum as to why you haven’t received a loan, without the particulars of your situation, would not be of service to you. That said, you should speak with your lender to determine the reasons for the delay or why credit has not been granted to you. If you do not receive a satisfactory answer, by all means, we encourage you to escalate your concerns to management for a quick resolution. Synergy prides itself on quick and professional service and if this not your experience we want to hear from you.