refuse a loan

The Spanish term 'denegar un préstamo' translates to 'refuse a loan' in English. It refers to a situation where a lender (usually a bank or other financial institution) decides not to grant a requested loan to a potential borrower. This decision may arise for a variety of reasons, such as the borrower having a poor credit history, not meeting certain necessary criteria, failing to provide necessary documentation, or due to lender's policy. The borrower is then said to have been 'denied a loan', or in Spanish, they have had their 'préstamo denegado'.

Example sentences using: denegar un préstamo

El banco decidió denegar un préstamo por falta de garantías.

The bank decided to deny a loan due to lack of guarantees.

This phrase illustrates a situation where a bank refuses to grant a loan because the applicant cannot provide sufficient security or collateral.

Las condiciones de mi crédito fueron demasiado estrictas, lo que llevó a denegar un préstamo.

The conditions of my credit were too strict, which led to denying a loan.

Here, the example highlights how overly stringent requirements can result in a loan application being denied.

El prestamista tuvo que denegar un préstamo a causa del historial crediticio del solicitante.

The lender had to deny a loan due to the applicant's credit history.

This phrase indicates that an applicant's poor credit history can be a valid reason for a lender to refuse a loan.