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Nationwide loan decline SAR
Comments
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The credit agencies provide datasets of 72 months of data that lenders run their own internal algorithms over. Each lender has their own commercial criteria which can change at any time. Fail to meet the criteria for a particular product, amount you've applied for etc, you'll be declined.Apollo14LMP said:Thank you ... were would they get information like that ? .... is there some secret blacklist ??1 -
DOB inconsistencies generally indicate it’s a high risk loan, I’d get that corrected first.April 2020 - £102,222 Loans/CC’s.
Jan 2022 - £0
Cleared - £102,222
Jan 2022 - Now time to build suitable investments and a business!1 -
Possibly information received from National Hunter (they record credit applicaitons and highlight inconsistencies to lenders). They would also rely on what they know about you, on their internal systems.1
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My advice would be not to take it so personally - you'll never know the real reason. I think you feel personally affronted that they consider you "high-risk". It's just business.
BiBDF
1
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