Why Was Your Settlement Loan Denied?

By: CashInYourAnnuity.com   -   Call Us: 1-800-325-3994   -   Get Your Cash NOW! Why Was Your Settlement Loan Denied?

Reasons Loan Requests Get Denied

You made the choice to go and take a loan on your settlement and once you’ve done some research, you’ve found a company that you want to work with. They have you read through the paperwork and fill everything out before having you wait for your day in court. Once that day comes, you go in front of the judge and anticipate the approval of your settlement loan only to hear the words “Settlement Loan Transaction Denied.”

That’s not the result you were expecting to hear. Confused, you wind up wondering why your loan wasn’t approved. Oftentimes, it can be deemed unnecessary. Other times, it can be the result of a bigger problem. Let’s take a look at some of the more common reasons why settlement loans get denied.

Why? Why? Why?

So the judge didn’t approve your loan and you’re lost trying to figure out why that happened. The denial could be the result of a number of different factors. You’ll want to visit each so you can better understand why your settlement loan could be denied.

Some reasons may include:

Minor Setback

Being denied a settlement loan isn’t the worst thing that could happen, but these reasons are the most common examples of why many requests get denied. One thing that this can do to improve your chances of acceptance is to know what a judge will and will not tolerate. After reading this article, you’ll be better equipped to deal with the outcome either way.

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