Is it possible to take out a loan after settling an old debt? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is it possible to take out a loan after settling an old debt?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

You can apply, but approval depends on your current report, bank policy, and income.

Review your report before applying.

Settlement may remain on file for a period of time.

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