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That it outcome is shocking while the credit rating and money are positively synchronised as we grow older

That it outcome is shocking while the credit rating and money are positively synchronised as we grow older

Basically that perhaps the research targets many years category otherwise individual years, the likelihood of getting rejected of a loan application increases as we age.

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A starting point to possess detailing the link between ages and you can rejection is the underwriters’ explanations for the conclusion. To determine and that factors interact with this new ascending getting rejected trend with age, the new equation will likely be lso are-estimated so the founded varying try a specific getting rejected reason. Continue reading That it outcome is shocking while the credit rating and money are positively synchronised as we grow older