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Re: Loan

Realist
Realist Posts: 256 Forumite
Part of the Furniture 100 Posts Combo Breaker
Question:

A loan was approved, documentation was supplied, agreement signed by applicant, employers contacted and all looks fine.

But.........

The loan company now says they are not willing to lend and dont know how the loan was agreed in the first place.

What I want to know is this.

If the agreement was signed on the loan companies premisses and all paperwork requested was provided, does this not constitute a valid legal binding agreement and the loan company cannot back out?

Or am I wrong!!!

Regards.

Comments

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