Frequently Asked Questions

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  4. Why have I been declined for a loan?

Why have I been declined for a loan?

There are several reasons you may have been declined for a loan 😒

  • IVA or bankruptcy
  • Too much other debt
  • You won’t be able to afford repayments
  • You took out another loan very recently
  • Each lender will have their own ‘risk criteria’ and you may not pass these standards
  • Your guarantor has been declined, so you may need to find another

 


> See guarantor and no guarantor loan deals <


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