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    Lawyer told me, "Lenders are now required to verify ability to repay a loan. I couldn't verify this. Was he being deceitful?

    Any sensible answerwill be welcome.  Thank you.

    0  Views: 630 Answers: 1 Posted: 14 years ago

    1 Answer

    As much as I know about loans, all lenders would verify that you could repay the loan. It would be silly of them not to. No comapny is going to loan out money not knowing if it could be paid back or not. 



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