Good credit score but refused a loan or finance? Here's why

Good credit score but refused a loan or finance? Here's why - Loqbox

If you've been declined a credit card, loan or finance but your score is good (or even better!), here are five things that tend to give lenders cold feet.

Got good credit but was denied everywhere : r/PersonalFinanceZA

Do you have a credit card with your bank? Good credit rating is not always important, my one friend had the perfect rating because he never had ...

Excellent Credit Score but Refused Credit? Here's Why - Finio Loans

Excellent Credit Score but Refused Credit? Here's Why · Excellent Credit Score but Refused Credit? · You're unlikely to repay it or may not ...

6 Reasons You Can Be Rejected With An Excellent Credit Score

Even if you are just $1 short of the minimum, you could be rejected, regardless of your score. 3. Debt Burden. Banks and credit card companies ...

Why do people with an excellent credit score get denied? - Quora

Hight debt to income ratio ~ Even if you have an excellent score, you can get rejected for having a debt burden that is too high. Short Credit ...

Can People With Excellent Credit Be Denied? - Experian

Even if your credit is excellent, a lender may find issues that led them to deny your loan application. Find out what can lead lenders to ...

Good credit score but still rejected for a loan?

They worry about the potential risk of you taking on more debt than you can handle. Fix this by talking to your lender to discuss their specific ...

Good credit score but your application's been denied?

The nature of the product will determine how many applicants get declined, too. For example, if a lender advertises a loan with a very low APR, ...

Have you got a 999 credit score but been refused a loan?

having missing or incorrect information on your credit report – for example, not being registered to vote or having different addresses for your ...

I Have Good Credit. Why Was I Rejected for a Card? - NerdWallet

Just because you have good credit doesn't mean you're guaranteed to be approved for all credit cards. · A trickier part of credit score formulas ...

I Have Good Credit. Why Don't I Qualify For That Card? - Bankrate

You may also have a history of high credit utilization. If you consistently max out your credit cards, for example, issuers may be hesitant to ...

8 Reasons Why People with Good Credit Can Get Denied

A good credit score doesn't guarantee loan approval. If you have good credit but keep getting denied, explore these eight factors that may ...

I have a good credit score, why was I rejected?

Having a good credit score is an indication of your credit worthiness, but lenders also take into consideration how long you have been credit active and if you ...

7 Reasons Why You Were Denied a Personal Loan | LendingTree

7 Reasons Why You Were Denied a Personal Loan (and 6 Ways to Fix It) · 1. Your credit score is too low · 2. Your debt-to-income ratio is too high.

6 Reasons You Were Rejected for Credit

Every time you apply for a credit card or a loan, the lender reviews your credit report. As soon as a lender pulls your report, a “hard inquiry” ...

Good credit score but phone contract declined? Here's why

You're not on the Electoral Roll. · You've taken out lots of loans or lines of credit. · You have a financial association with a low credit score.

Top Credit Score But Still Rejected? Here's Why! - YouTube

... on managing your personal finances and improving your credit! Joshua Finance Coach: I help people fix their credit and show them how to use ...

Does a Declined Loan Appear on Your Credit Report? - Experian

So, being denied for credit won't show up on your credit report. A man and a woman sitting on opposite ends of a couch, each holding financial ...

Loan application declined? Here's what to do next

When you have a joint account with someone, they become your financial associate. This means lenders can check their credit history when ...

Why Would a Personal Loan Be Declined? - Investopedia

A poor credit history or low credit score · Low income · A high debt-to-income ratio (DTI) · An unstable work history · An inability to meet basic requirements, ...