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Originally Posted by ScaredWebWarrior
I see no reason why a bank/mortgage lender would re-assess your credit rating on an existing loan, unless you failed to make a payment or asked to reschedule the loan.
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the reason i can see is risk. They would be aware if they reassed you that you were now a higher risk. My question is, do banks and builidng societies do this periodically?
Does anyone know the answer for fact as opposed to opinion?