Why can’t I get an online loan?

Have you often heard that online loans are less difficult to apply for than small bank loans, and do not require mortgages or guarantees? You only need to download the APP to apply for a loan. But when you actually go to borrow money, you will find that it is not that easy at all. I have applied for multiple online loans,ofw loan without ccsl but I can't get through any of them. What is the reason why I can't get through the online loan? Today, the author is here to find out the reasons for you!

1. The information is untrue.

Many people think that since online loans do not require proof of information, it is okay to fill in the information casually,personal loan calculator so they optimize their loan application conditions and package themselves as successful people in order to be able to get loans. But in fact, online loan platforms will use their own big data systems to verify before lending. Once a user is found to have made a fraud, they will not only refuse to approve the loan, but may also blacklist them, making them refuse to deal with them. User.

2. Credit reporting many.

In addition to checking your own credit report,student loan you can also authorize other institutions to check frequently, and self-checking your credit report will not cost your personal credit report. The main reason why your credit report is in trouble is due to frequent card and loan applications in a short period of time, because every time an application is submitted, the institution will query it once, and then show in the query record that the reason for the query is loan approval, credit card approval, etc. This will lead to changes in credit reporting and affect the results of loan applications.

3. Bad personal credit.

For example, a white account who has never dealt with a financial institution and does not have any loan information on the credit report will definitely not be able to borrow an online loan. At this time, it is recommended to apply for a credit card to break the white account (break through the white account qualification) and maintain good credit. , and then apply for a loan. Or if there is a stain on their credit, such as a group of users who have been overdue in the past and are currently overdue, it will be more difficult for them to apply for a loan.

4. Inability to repay the loan.

If the income is too low, all the expenses in life are paid from the salary, and there will not be enough funds to pay the loan; the other is that the debt is too high. Even if the income is acceptable, if the personal debt ratio is too high, it means that the borrowing risk is higher. If it is high, it is not easy to apply for a loan successfully.

In short, even if the application difficulty of online loans is relatively low, there are still certain requirements for borrowers. If you fail to meet the loan qualification requirements, the chance of being denied a loan is very high.

Finally, a reminder, don’t take out random loans if you have nothing to do. If there are many loans that have not been repaid, it will affect our success rate in applying for other loans. So try to borrow as little as possible to avoid failure in your application when you really need a loan.