APLD Policy on Cancelled Loan Applications
Once a loan application has been taken it must be entered into the APLD whatever the ultimate disposition of that application may be. This is particularly important regarding loan applications that are subsequently cancelled by the applicant. Cancellation of an application does not eliminate the requirement for entry into the APLD. All applicable loans in the APLD program area that appear in the loan log must also be entered in the APLD. Loan log and APLD data must be consistent.