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I dont understank why my loan was declined and why i can not seem to get one

sarah090182
sarah090182 Posts: 94 Forumite
edited 17 March 2010 at 4:50PM in Loans
I work I can afford the monthly payments my credit rating was fine until i made loan applications so why am i getting declined and how can i get a loan?
3 credit cards always pay on time and one 02 phone bill

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    Maybe the banks don't agree that you can afford it.

    To be able to help you
    -What are your current credit card limits and balances
    -Do you have any other available credit - loans/overdrafts/empty cards?
    -What is your income?
    -Are you on the electoral roll?
    -How much did you apply for? how many different loans did you apply for?

    Did you ask why it was declined?
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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