We’ll constantly make an effort to provide a good explanation or description whenever a loan is declined. As an accountable loan provider, even though you’ve had that loan we run full credit and affordability checks on every application, so there is no guaranteed acceptance with us before.

A number of the reasons that are common being declined for the PiggyBank loan are:

• A loan is had by you available with us presently. You will have to repay this prior to taking away another loan.
• You might have changed target, banks or perhaps a debit card recently, which includes maybe perhaps not been updated in your credit history. This could easily use up to six months, nonetheless it might be worth checking your credit report.
• Wrong information about your credit history. Review the information here to see if you can find any errors.
• You might maybe not spend the money for quantity required, or wished to spend it back over too few repayments. Continue reading →