Vocab Bloom Hub

loan approval

/loʊn əˈpruːvəl/

Traducción: Proceso o decisión formal de una entidad financiera de otorgar al solicitante la cantidad de dinero pedida, generalmente tras evaluar su solvencia, ingresos y otros criterios económicos.

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phrase

/loʊn əˈpruːvəl/B2formalbusiness
  • esProceso o decisión formal de una entidad financiera de otorgar al solicitante la cantidad de dinero pedida, generalmente tras evaluar su solvencia, ingresos y otros criterios económicos.

The formal process or decision by a financial institution to grant a requested amount of money to a borrower, typically after reviewing creditworthiness, income, and other financial criteria.

  1. Authorization for borrowingB2formal

    The formal process or result of a lender agreeing to provide funds to a borrower under specified terms.

    esaprobación de préstamo

    • She received loan approval from the bank after submitting her documents.
    • The loan approval process can take several weeks.
    • His loan approval was contingent on a good credit score.