Usually, many people will encounter financial difficulties. At this time, many people will apply for loans from banks. However, many people failed to pass the bank's audit when they borrowed money. What are the reasons for the loan failure? Do you usually pay attention? Here are some reasons why the loan failed.
Banks will pay attention to the repayment ability of users when handling loans. If the repayment ability is insufficient, the bank will not pass the audit. Therefore, when you apply for a bank loan, you must submit a good enough financial certificate. Only in this way can you pass the bank's audit.
When handling bank loans, borrowers need to have a good credit record. If the borrower has a bad credit record, the bank will not lend money to people who are not trustworthy. Generally, if the credit report is not "three consecutive six", it will pass the bank's audit, but different banks will have different requirements for credit reporting, so you can consult the bank in advance before lending.
When handling the loan, the bank will also check the borrower's liabilities. When the borrower has more liabilities, the bank will refuse the loan. However, in the case of more debts, users had better submit more financial certificates to prove their ability to repay loans.
Bank loans may also be caused by incomplete information submitted by borrowers. Many people lack the necessary information to apply for loans, and it is difficult for lending institutions to identify the credit qualifications of applicants, and often choose not to lend in order to avoid risks.
It is best to get preferential loan interest rate when you apply for a loan in a bank, so that the interest paid after the loan is relatively small, which is conducive to the subsequent repayment on time. Generally, high-quality customers who become banks can get preferential loan interest rates, but high-quality customers of banks generally need to deposit a lot of money in banks.
It is best for the bank to repay the loan according to the contract after handling the loan. In the process of repayment, there should be no overdue repayment. There will be penalty interest after overdue repayment. After overdue repayment, the bank will upload it to the credit information center, and personal credit information will affect the handling of other loans.
What factors will lead to the failure of loan approval?
Reasons for failure of loan approval:
1, maliciously overdue. There are many behaviors that cause overdue. For example, individuals don't understand the provisions of the bank's repayment date, or the bank staff didn't clearly inform the individual of the repayment date, or the bank didn't inform the individual when the loan interest rate was adjusted or the repayment date changed, which led to the individual's failure to repay the loan in time as agreed in the contract. Or apply for a student loan during college and fail to repay it on time after graduation. Or in the process of using credit cards, there is no timely repayment, and so on.
2. Personal existing liabilities (liabilities account for 70% of income). Generally speaking, a family's total income is at least twice the debt before the bank agrees to lend. It can be seen that before lending, the borrower must reasonably evaluate the approximate amount he can be approved according to the income-liability ratio stipulated by the bank. However, it should be noted that banks have different regulations on the ratio of income to liabilities, and borrowers need detailed consultation.
3. Credit information query records for many times. If your credit report has been inquired many times by different banks for reasons such as loan and credit card approval, but the records in your credit report show that you have not obtained new loans or applied for credit cards during this period, it may mean that you have applied for loans or credit cards from many banks but failed, and this information may have a negative impact on your obtaining new loans or applying for credit cards.
Why does my loan always fail to pass the examination?
The audit always fails, mainly because the user does not meet the loan application conditions. The basic loan application conditions include good credit information, adequate repayment ability, moderate debt ratio and moderate age. As long as one of them does not meet, no matter what loan you apply for, you will not pass the examination. Therefore, it is best for users to ensure that they meet the loan application conditions before applying for a loan. After being rejected, it is not appropriate to apply repeatedly in a short time. Repeated application will reduce the chances of passing the exam, and it will also waste personal credit information.
Several information of online loan audit:
(1) Personal Credit Information: In personal credit information, the online loan platform only looks at three points: First, it is overdue. 90 days is a demarcation point. More than 90 days, basically not approved, less than 90 days, if there is still a chance within 3 times, more than 3 times, basically not approved. Second, look at liabilities. If your total debt is very large, it is basically not approved, if the amount and rate are not particularly good. Third, look at the number of credit inquiries. Too many credit inquiries indicate that you are short of money recently. The online lending platform will also pay special attention. So when looking for a loan, it's best to find those who don't check the credit information. Even if the application is unsuccessful, there will be no trace of your credit information, which will affect your application for another house. (2) The savings card is flowing: Many people think that their savings card is flowing and beautiful. In fact, online loans look at the flow of savings cards, mainly to identify the salary part and see if you have a stable income. Savings card running water is an optional application material in most cases. If there is no stable and considerable wage income, don't provide it. (3) Alipay and Sesame Credit Score: Now many online loan companies use Alipay information, and your consumption and reputation are a good criterion. (4) Work information: Now some online loans need to provide work certificates such as work permits and business cards. We suggest that you provide real personal information, because once fraud is found, it will be blacklisted by online lending institutions.
Why can't I apply for any loan?
First of all, answer directly.
No matter which platform the loan is made on, in order to avoid risks, the loan platform will comprehensively evaluate the borrower's credit status to see if it meets the loan requirements.
Second, the specific analysis
We usually start from several aspects, one is the borrower's current credit status, the other is the borrower's current repayment ability, and the third is the borrower's historical loan record.
1. Current credit status
Most loan platforms are products of formal institutions, and the personal credit of borrowers will be one of the evaluation criteria when they are connected to the credit information system under the requirements of supervision.
If the borrower has these circumstances, it will be rejected by the loan platform in nine cases out of ten.
1) At present, there is overdue, that is, the credit business handled by the borrower fails to be performed on time or the repayment is overdue, which is recorded as overdue and reported to the credit information system.
If you apply for a loan, the loan platform will think that the borrower has no sense of performance and the loan risk is high, so it will not pass the borrower's loan application.
2) Current credit investigation, that is, the borrower's credit investigation has been inquired by credit institutions for many times due to loan approval, guarantee qualification examination, credit card approval and other reasons, and the time interval of each inquiry is too short, for example, three times a month, six times in three months, eight times every six months, etc. If there are too many inquiry records, the borrower's credit cost will be higher and the corresponding lending risk will be greater.
3) There are bad debts at present. If the borrower fails to repay the loan on time after handling the credit card or loan, and the overdue time exceeds 180 days, and the loan has not been repaid after repeated collection, the credit institution will record the debt as bad debt, which is equivalent to the overdue upgrade version, and the loan will also be rejected.
4) There is compensation at present. The borrower's previous borrowing platform cooperates with the guarantee company. Once the borrower fails to pay back within the time limit, the guarantee company will become the borrower's new creditor. For borrowers who have not yet repaid, the guarantee company will report to the credit information system, and the borrower's repayment status will show compensation.
2. Current repayment ability
The borrower's repayment ability is affected by two factors, one is the current income, and the other is the current debt.
If the loan fails because of the repayment ability, either the current income has decreased, or the current liabilities have increased, or there is a bad historical repayment record.
There are too many applications, and I am worried that my big data will lead to the failure of car loans and mortgages in the future. You can find it in Winnie Hsin. The system provides the most accurate information for debtors, people who apply for excessive online loans, loan users and platform risk control personnel. You can quickly query all kinds of big data, such as arrears records, loan application times, credit reports, etc. , so that you can better understand your credit status.
What should I do if I can't apply for a loan?
First of all, borrowers should check their credit information and online loan big data reports before lending, repair personal credit, or improve repayment ability.
1, repair personal credit
If it is only expensive to collect credit, first stop handling other credit business, repay the credit business that has been handled on time, and the borrower's credit will return to normal after at least 3 months; If it is overdue at present, and the degree is not serious, the loan will be repaid for 6 months; If there are bad debts and compensation, pay off the debts first and keep the credit information for at least 2 years.
2. Improve repayment ability
For example, if the income decreases, you can jump to work in a unit with high salary; Or do part-time jobs in your spare time, such as running Didi, delivering takeout, etc. Increase your income; For example, if the debt increases and the funds on hand are abundant, you can settle several outstanding credit businesses and reduce the debt.
Natural repayment ability will be improved.