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Declined for a loan, dispite good cedit rating? (I think!)
nicola_murf
Posts: 10 Forumite
in Loans
I am trying to buy a car, I have been refused by my bank and by one of the finance companies.
I am registered to credit expert and everything looks fine. No missed payments, only using 60% of my available credit.
No one can tell me why they are declining!
Any ideas or tips?
Thanks
I am registered to credit expert and everything looks fine. No missed payments, only using 60% of my available credit.
No one can tell me why they are declining!
Any ideas or tips?
Thanks
0
Comments
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What's your income?
What are your credit card limit and the balances on those cards?
Do you have an overdraft? If so, what is the limit and how much is used and how frequently?
Do you have any bank loans? If so, for how much and what is still outstanding?
Are you on the electoral role/register at your current address?My posts are my own opinions based on my experiences and info gathered from sites such as this.
They are not a substitute for professional financial advice - but you knew that already didn't you?
VSP 2011 - Member #25 - Started 6th December 2010 - Total As Of 4th May 2011 (21 weeks in!) - £323.67/£500 - So far so good!0 -
Why not ask your bank why?"Growth for growth's sake is the ideology of the cancer cell" - Edward Abbey.0
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