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Loan discrimination?


Besides having bad credit, can a business legally deny a person a loan because of their employment status

I should add a little detail. Can a company say "no i wont loan you money because your in the armed forces"

Yes, if the company does not believe you make enough. Or if they just dont like you!!

Yes.

Yes.

Nobody HAS to give you a loan.

Loans are not rights, they are a risk being taken by the company extending the credit.

{edit} In response to your additional details.... Nobody has to give you a loan and they can cite whatever reason they want. It's their money.

You are not entitled to a loan regardless of who you work for.

Yes.

Yes! You have to have the means to pay it back. You're not entitled to a loan.

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