We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Help keep getting turned down for loan and not got much debt at all

ashaki
ashaki Posts: 1 Newbie
in Loans
Hello,

can someone tell me why I am getting rejected for every loan I apply for when I don't owe much money and never had any problems or ccj's.

Does anyone also know of a good company to try for a loan to help me.

Many thanks in advance
Mike

Comments

  • bengalknights
    bengalknights Posts: 5,021 Forumite
    Part of the Furniture 1,000 Posts
    Most likely you dont have much history have you checked your credit reports?
  • DCFC79
    DCFC79 Posts: 40,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ashaki wrote: »
    Hello,

    can someone tell me why I am getting rejected for every loan I apply for when I don't owe much money and never had any problems or ccj's.

    Does anyone also know of a good company to try for a loan to help me.

    Many thanks in advance
    Mike

    Are you on the electoral roll ?

    Whats your salary ?

    Any debts/loans ?

    How much were you asking for ?

    It might have been the figure you were asking for that got you declined.
  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    ashaki wrote: »
    Hello,

    can someone tell me why I am getting rejected for every loan I apply for when I don't owe much money and never had any problems or ccj's.

    Does anyone also know of a good company to try for a loan to help me.

    Many thanks in advance
    Mike

    I do love these posts where we have this magical guesstimate power to work out why he was rejected with no info whatsoever.
  • malkyh
    malkyh Posts: 1,085 Forumite
    It is because in 1984, the sun only came out for 346 hours that whole year.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    malkyh wrote: »
    It is because in 1984, the sun only came out for 346 hours that whole year.

    We were all kept in the dark about that :)
  • DCFC79
    DCFC79 Posts: 40,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    BugsyBrowne wrote: »
    I do love these posts where we have this magical guesstimate power to work out why he was rejected with no info whatsoever.

    Maybe its a hint that we should gain the powers to work out why people get rejected for loans. Could make quite a few bob from it.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I know how you feel - now I'm working 3 hours/week I've all the time in the world to enjoy driving a Ferrari, but nobody will lend me the money! It's so unfair.

    You obviously don't earn enough money or are trying to spend too much on something that's a luxury in the lenders' opinion. It's too risky for them.
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    I want a gold toilet but it hasn't happened yet.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    KingElvis wrote: »
    I want a gold toilet but it hasn't happened yet.

    They are overrated mate. They look nice but are full of $h1t.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    KingElvis wrote: »
    I want a gold toilet but it hasn't happened yet.

    That'll be the death of you.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.6K Banking & Borrowing
  • 252.2K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.3K Work, Benefits & Business
  • 617.8K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture