Why was the loan application rejected?

Each loan company has its own internal criteria on the basis of which it grants loans. Unfortunately, sometimes we encounter a situation where the loan application has been rejected. Why?

From the article you will learn:

  • Why was the loan application rejected?
  • For what reasons are loan applications usually rejected?
  • Where can you find a good, fast loan?

Before completing the loan application, it is worth checking the conditions under which the company grants the loan. You can save yourself the time in which – instead of waiting for an answer that will definitely come negative – you could find another company that is more suitable for us.

Why was the loan application rejected?

 

Two loans at once? Not everywhere!

money

Sometimes it happens that when you pay back one loan, you need to take another. The first thing to check is whether we can apply for it in the same company where we pay off the first one. If this is not possible, you should review the terms of other companies for lending if you already have one loan elsewhere. However, remember to measure your intentions and never pay back the loan.

In most loan companies, the biggest obstacle is negative entries in BIG and BIK, as well as bailiff’s intervention. Unfortunately, but hardly any entrepreneur will be willing to grant a loan to a person who had (or has) problems with settling debts. However, life situations are different, which is why some companies are able to turn a blind eye to such incidents and borrow money despite problems.

Source or amount of income

cash

Some loan companies require the employer to provide proof of income or any other permanent income statement. Usually, social assistance or alimony payments are not considered as such. However, this is not a rule and if you take the time to look, you can find payday loans or installment loans that do not require such documents.

Good Finance installment loans

Good Finance installment loans

Good Finance installment loan can be one of the easiest ways to get quick money. The conditions are not exorbitant, but very honest. Each loan can be repaid by dividing it into 8 or 30 convenient monthly installments.

What should you know about Good Flex?

The owner of the Good Finance brand is based in Warsaw. This is a Polish company specializing in providing online loans. They work from Monday to Friday from 8:00 to 20:00 and on Saturdays from 9:00 to 17:00, which many customers value.

Opinions about Good Finance

Good Finance’s customers are satisfied with the company’s services, which can be easily checked even with us in the comments section of the Loan Portal. The loan amounts are sufficient for most registering consumers, and the amount and timing of installments that can be easily customized is a huge advantage!