I did not get accepted for a loan

Greg89

I tried to apply with safety net and after asking the reason, telling them of my monthly income, my address, how much long lived there, my bank account details.
I did not get accepted saying I do not meet their criteria. It could be they checked my weekly earning and they asked for permission from my bank and minutes later came back with a decision online. My equifax score is 188.
I have a mobile phone default from 2 years ago and I I have been working for quite a while so I thought I would be approved. I have 3 defaults now, two which is ridiculous as the other one I've started paying one right now, but dates back to March. I have told them about my situation clearly. 
Why didn't I get accepted?

bradders1983

You answered your own question to be fair: the defaults.

Greg89

bradders1983 said:

You answered your own question to be fair: the defaults.

I know, two are debatable and the last one, I have told them about my situation very well and money has been taken out, fraud of my account and other things and they still put a default on recently. Just recently even when knowing that. The payment date got moved for another month.

bradders1983

They dont list defaults as "debatable" on your credit file.

Greg89

bradders1983 said:

They dont list defaults as "debatable" on your credit file.

I know, but I will ask to remove it and I think it was unjustified and harsh hence I said its debatable putting those defaults.

ldhme

Probably a blessing in disguise.

preables

Be carful when you apply and get declined from safety net a company will try and take 26 quid off you at some point! Happened to my girlfriend was balance republic or something had to flag it as a scam but it was in the small print when you agree to try for the loan

MattMattMattUK

Did you default or not? If you did then they are justified.

DCFC79

Greg89 said:

I tried to apply with safety net and after asking the reason, telling them of my monthly income, my address, how much long lived there, my bank account details.
I did not get accepted saying I do not meet their criteria. It could be they checked my weekly earning and they asked for permission from my bank and minutes later came back with a decision online. My equifax score is 188.
I have a mobile phone default from 2 years ago and I I have been working for quite a while so I thought I would be approved. I have 3 defaults now, two which is ridiculous as the other one I've started paying one right now, but dates back to March. I have told them about my situation clearly. 
Why didn't I get accepted?

Could be a sign, safety net are a payday lender, why are you applying to them ?
Are you by any chance struggling ?
If you are maybe post over on the debt free wannabee board. 

Greg89

I am struggling, only for a few days. My father will help me out. Thanks for all your replies.

cymruchris

Greg89 said:

I am struggling, only for a few days. My father will help me out. Thanks for all your replies.

That's better than taking one of these payday loans. Nobody is guaranteed a loan - and having negative information on your credit file will put many lenders off. I didn't quite understand what you said about your defaults - but if you did default - you need to address the issues. If it was a fraudulent account, you need to address that too. In the meantime you should keep your file squeaky clean - and do your utmost to avoid short term payday lenders.