Back to Guides
What happens if circumstances change before final approval?
A preliminary decision may depend on verified information remaining accurate.
Employment, income or requested amount changes can require a new assessment before the agreement is finalized.
Tell the provider through its authorized process and ask which terms remain valid. An earlier indication cannot be used as a guarantee of approval on different facts.
Work through the repayment planning guide
Definitions
- Credit inquiry
- Request to access credit information; its visibility and consequences depend on the inquiry and local system.
- Prequalification
- Preliminary indication based on stated conditions, distinct from verified approval and a final agreement.