Loan approved, loan declined, same day.

I app**** for a loan and got a congratulations your loan has been approved, got a call from the agent and agreed to the contract only to receive an SMS later saying the loan has been declined. What kind of an ********* practice is this? If they wanted to decline me why not do it first time around instead of playing with my emotions?

I wouldn't recommend this company to my worst enemy, this is the last time I'm even gonna try doing business with them.