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Cancel pre-approval?

Posted on: 13th Jan, 2014 11:46 pm
We received out pre-approval letter and the lender asked us not to go for any large purchases or open new credit. But as our daughter met with an accident, we had to take out some money from our account for her treatment. Will this cancel our pre-approval?
Well, it will be solely the discretion of the lender. As you had a medical emergency at home, you should get in touch with the lender and discuss your situation.
Posted on: 14th Jan, 2014 12:26 am
Hi Plimouth,

Niicss is right in saying so. If you had any medical emergency, then you should inform the lender about it and take his help in this regard. He may consider your situation.
Posted on: 14th Jan, 2014 07:25 pm
Not enough info to know for sure - contact your LO explain the situation and give them the details - they will be the ones that can answer - good luck
Brian
Posted on: 15th Jan, 2014 10:34 am
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