G
galetuaoi
Guest
What is the name of your state? American Samoa, U S Territory
I applied on Oct 16, 2002, for a home equity loan. Amount requested $10k; Home appraised at $150; and is paid for, free of any liens. On Nov 27, 2002, loan officer declined application because their records showed 23 NSF checks on my account. LO regretted doing this because I had an excellent record of paying last two loans. I returned to bank with proof of their errors disproving their records, and requested reconsideration. On 1st week of Feb 03, I met with a different loan officer who again denied my application, this time for poor credit rating. I had not received written notification of their decision(s).
Can the bank change their reasons for denying an application? Don't they have to notify me in writing and within a specific time period? What are my rights?
The bank is ANZ Amerika Samoa Bank, Member of FDIC
I applied on Oct 16, 2002, for a home equity loan. Amount requested $10k; Home appraised at $150; and is paid for, free of any liens. On Nov 27, 2002, loan officer declined application because their records showed 23 NSF checks on my account. LO regretted doing this because I had an excellent record of paying last two loans. I returned to bank with proof of their errors disproving their records, and requested reconsideration. On 1st week of Feb 03, I met with a different loan officer who again denied my application, this time for poor credit rating. I had not received written notification of their decision(s).
Can the bank change their reasons for denying an application? Don't they have to notify me in writing and within a specific time period? What are my rights?
The bank is ANZ Amerika Samoa Bank, Member of FDIC