If the reason for the refusal is over-indebtedness, it is necessary to reduce the debt burden. Refuse unnecessary credit cards, try to close some of the loans or use refinancing. It will combine several loans into one and reduce the monthly payment.
Any outstanding debts must be paid off, otherwise your applications will not be approved anywhere.
If the problem is frequent late payments, it is worth working on your credit history. Take a small loan and repay it in full according to the schedule. A credit card with a small limit will also help.
In addition to the advice we gave in the previous section, it is worth adopting the following principles:
check the requirements of the credit institution. If you do not meet the requirements in terms of age or work experience, your application will be rejected, and in the future it will be even more difficult for you to get a loan;
Write the truth in the questionnaire. The deception will be shandong mobile number database revealed anyway, and doubts will arise about your reliability;
Prepare a certificate of income, even if it is not required. This will increase the chances of approval and may positively affect the terms of the loan;
confirm all sources of income. If you rent out an apartment, do so under an official contract;
Contact the bank where you receive your salary. Salary clients are, on average, more loyal;
try not to take loans on unfavorable terms. When checking your credit history, a high interest rate can be perceived as an act of desperation. In addition, this increases the risk that it will be difficult for you to repay the debt and there will be delays. Choose credit programs carefully - for example, in Bank Sinara you canget a loan with a 0% rate guarantee.
How to get a loan if you are refused everywhere
To get loans on favorable terms, you need to have a good credit history. But if you need money now, and no one gives it, you can try one of three options:
arrange a loan secured by a surety or collateral. This will reduce banking risks and significantly increase the chances of approval;
apply for refinancing and request an additional amount;
contact a microfinance organization. MFOs often make positive decisions on applications, but offer unfavorable interest rates. If you repay the debt on time, this will improve your credit history.