Why was my loan application rejected?
Common reasons for rejection and solutions:
| Reason | Solution |
|---|---|
| Ineligible (underage, insufficient income, non-EU resident) | Check eligibility requirements and reapply when qualified |
| Incomplete or false documents | Submit complete, clear, and accurate documents |
| Bad credit history | Improve credit score by paying bills on time and reducing debt |
| Unstable income | Provide additional proof of stable income |
| Excessive loan amount | Reduce loan amount or extend repayment tenure |
Note: You can re-apply 30 days after rejection. Avoid submitting multiple applications in a short period.
