Free Printable Credit Application Template
What to Know Before Filling in a Credit Application Form?
In applying for credit, whether it is from the bank or other financial institution, you will have to make sure that you understand all the forms that you have to fill correctly. A credit application form is a normal form that you will have to fill in if you are interested in borrowing money, purchasing goods, or doing other transactions that will be paid by monthly re-occurrence. There are different procedures from various institutions that you will have to follow before your credit is approved. Here are some of the things you might want to know before filling in the form.
It is highly recommended that before filling in the form, you read all the clauses and agreement notes carefully on the credit application form itself. Some of them will include the payment terms, the due date, details of the goods, transactions, and many more. With all the questions and fill-in-the-blanks in the form, you will have to make sure that you state all of them correctly and honestly too. If you have no idea how to fill in the form by yourself, you can consult with someone about it beforehand. If you have a spouse already, you can consult with your spouse before doing so.
Samples of Credit Application :
With this type of form, once you have signed the form with your signature at the bottom of the page, you will be agreeing to all the terms and conditions that are stated on it. If they are asking for other documents to be attached with the form, then you will have to make sure you have them ready as well. Usually, they will be asking for your ID, proof of salary, picture of yourself, bank account statement, etc. This is to ensure that you have a proper job to pay for your credit and bank account for the payment to transfer with. If you are interested in an example of this type of form, you can download one at the bottom of this page too.
Credit Application Template | Word – download