Loan Denial Legal Steps

Summary

You have the right to ask the bank why your loan was denied. If you believe youve been unfairly denied, you can file a complaint with the Financial Consumer Agency of Canada. You may also want to consult with a lawyer specializing in banking and finance law.

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I did not qualify for a bank loan despite good credit situation. I want to understand what steps I can take to legally approach the bank on this
Hello ****,
- You have the right to ask the bank why your loan was denied.
- If you believe you've been unfairly denied, you can file a complaint with the Financial Consumer Agency of Canada.
- You may also want to consult with a lawyer specializing in banking and finance law.