We’ll constantly make an effort to provide explanation or description whenever financing is declined. As a accountable loan provider, even although you’ve had that loan with us before, we operate complete credit and affordability checks on every application, generally there is no guaranteed acceptance.
A few of the typical grounds for being declined for the PiggyBank loan are:
- You’ve got that loan available with us presently. You shall have to repay this before you take away another loan.
- You may have changed target, banking institutions or even a debit card recently, which includes maybe not been updated on your own credit report. This could easily occupy to six months, nonetheless it may be well well worth checking your credit history.
- Wrong informative data on your credit report. Review the information here to see if you will find any mistakes. (more…)