I have no problem with someone declining a loan application on grounds that your credit rating is of a high risk, but recently my wife and i wanted to get my wife's debt consolidated by OLD MUTUAL and i am an interested party because we are married COP. the reason we were given for them declining our application was that the company she works for is not in OLD MUTUAL's Database, my question is that does OM decline loaning money because of the state of the company a person works for, and what criteria is that under the Credit Act, the company pays taxes, is listed as in-business on the official companies registry since 2006. I need clarity on this issue because it left me baffled. And mind you my wife's credit rating is superb!!! so i think they owe us a decent professional rejection because this one i am taking with a pinch of salt
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