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Why cant I get a loan with good credit

chatlett
chatlett Posts: 1 Newbie
in Loans
I have applied to the Post Office and Sainsburys for a £2,000 loan to be paid back over 1 year and have been refused- my credit score is excellent according to Experian, and I dont know why I am getting refused?
Anyone have any ideas?

Comments

  • Tubbss
    Tubbss Posts: 444 Forumite
    Part of the Furniture 100 Posts PPI Party Pooper
    Hi,
    could be a number of things... eg not on the voters roll, number of recent searches, do you have a landline, how long in job, balances of existing credit commitments, any previous missed (or late) payments....
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    Lending is very tight these days even to those with excellent credit score.
    I used to think that good grammar is important, but now I know that good wine is importanter.
This discussion has been closed.
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