![Recommendations from Lender*VP – Document Retention for Denied Applications](https://www.cuanswers.com/wp-content/uploads/Lender-VP-Denied-Application-Retention-email-banner-300x125.png)
What is your credit union’s current retention plan for documents relating to denied applications? Lender*VP has recommendations for your credit union, as detailed below. Lender*VP recommends that any/all relevant documentation and information that is used to deny loan applications should be saved by your credit union for a period of at least 25 months. Relevant… Read more »