I recently applied for a personal loan. I made it to the final stage of approval after uploading my paystubs, payoff notices, bank statements, etc. I ultimately received a decline notice stating that 'borrower cannot verify application details' something along those lines.
I have written a letter to the underwriters for further details on what the issue was, as when I called I was told that I had to personally write in to get clarification as to why I was turned down.
I was able to verify my income with my paystubs, so I am unsure what could not be verified.
My question is, assuming that I am able to verify that all the information I provided on my application was correct, in general, can decisions like being turned down for a loan be reversed, or would I have to reapply once they clarify what could not be verified? Thanks