Existing Loan Payments

Existing loan payments:  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. You must keep your payments current on all your loan accounts, including credit cards and car loans. The financial institutions will look at your credit again before finalizing your loan, and if you have missed any payments, it may lead to you losing the loan.

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