what does what does APPROVED PENDING mean for a loan?

just checked up on the status of a loan app and just wondering what this means

4 answers by real people - what does what does APPROVED PENDING mean for a loan?

  • 8 days ago

    It means that they have tentatively approved the loan but there is still some work that needs to be done before final approval.

  • Marcus
    8 days ago

    Means they are checking other info before final approval. If you have lousy credit it means hell no, if you have good credit for a couple of years and a good job it means after they do they leg work they will probably approve you. Actually it just means they have your app.

  • SRT
    8 days ago

    Its just pending approval. By the sound of it, they probably have not even looked at it yet.

  • ?
    8 days ago

    it means it’s been approved and it’s pending. exactly what it sounds like.

Leave a Reply

Your email address will not be published. Required fields are marked *