Reporting Loan Term on Denied Loans

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April 6, 2018 at 10:29 am EDT #12754

Anonymous
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We have a question in our department about reporting denied loans’ loan term.

On a denied loan, if all we have is a loan term on the application, do we report that term or do we report NA?
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April 20, 2018 at 8:33 am EDT #12784

jholzknecht
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You report the term from the application.
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