Avoid buy furniture or household goods on credit till “Pre-approved Loan Disbursal”

Avoid buy furniture or household goods on credit:  The pre- approved loan is based on the current status of your existing bank balance. You want to maintain that status and wait to make any financial changes until after you have gotten your loan. If you want to start buying furniture and appliances to fill up your new home on credit you should pause till disbursal of your loan. Taking on new debt, even for furniture or other household related items will change the status of your credit and may throw up a flag for the lender that leads to the loss of your loan approval.

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