How can I increase my approval odds?
Tips to Improve Your Approval Chances
Before Applying:
- Check Your Credit Report: Correct any errors before applying
- Reduce Existing Debt: Lower your debt-to-income ratio
- Build Credit History: If new to credit, consider a secured card first
- Stable Employment: Wait if you recently changed jobs
During Application:
- Be Accurate: Ensure all information matches your documents
- Clear Documents: Submit high-quality, readable scans/photos
- Reasonable Amount: Apply for an amount you can realistically repay
- Choose Right Tenure: Longer terms = lower monthly payments
If Not Approved:
- Ask for feedback on why
- Address the specific issues
- Reapply after 30 days with improvements
- Consider a co-signer or smaller amount
Remember: Our AI system looks at the complete picture, not just credit score!
