Got questions about Loansolutions.ph? you're in the right place!
What are the possible reasons for my loan to be disapproved?
Common reason for disapproval are as follows:
- Cancelled credit card (unsettled obligation).
- If it has been settled (need Certificate of Clearance from the bank as additional requirement).
- Bounced checks on the bank statements (if required).
- Adverse loan findings.
- Overexposed (existing loan application with other banks).
- Low credit score (generated by your matched lender).
Note: If you have any of the following, you may want to work on that, so you can be qualified for your future financial needs.