A consumer loan application is an official document that a prospective borrower submits to a lender in order to apply for a loan. The application typically contains all the information necessary for the lender to make a decision on whether or not to provide the loan, such as personal details, financial history, income, and employment details. It’s essential that this information be accurate and up-to-date, as any discrepancy may lead to a decline of your loan application. By submitting a consumer loan application, you’re taking one step closer to getting the money you need – so take the time to carefully fill out every field accurately!