Does anyone know if we can apply for two med LOCs?
I imagine when they do a credit check, it shows as a "credit check" on the applicants credit report which does not particularly mean if he/she is approved for it or not!
So assuming that someone does two LOC applications in the same day, at two different banks, the second bank would have no idea whether the person has a LOC in the first back or not, since the application at the first bank is still in process (and doesnt show up on the credit report of the applicant).
I'm thinking hypothetically, maybe im stupid ...
Any ideas?