LQI requires that if new debt is discovered when the credit is reviewed, that it be disclosed on the final application. New debt is not limited to a new credit card you used to purchase appliances, it could be that you made a charge on an existing credit card that increased your monthly payment.
excitation. an act of irritation or stimulation; a condition of being excited or of responding to a stimulus; the addition of energy, as the excitation of a molecule by absorption of photons. anomalous atrioventricular excitation Wolff-Parkinson-White syndrome.
Definition of elicit. 1  transitive verb. 2  1 : to draw forth or bring out (something latent or potential ) hypnotism elicited his hidden fears. 3  2 : to call forth or draw out (as information or a response) her remarks elicited cheers.