First, it shows that your credit situation is not up to standard.
In fact, it means that the applicant does not meet the application conditions for bank loans. And this kind of rejection will not only appear in the application of bank loans, but also in the very popular online loans.
Second, the reason why the loan was rejected.
1, customer's credit is not good.
Because whether banks, lending institutions or platforms, in the process of loan approval, they will review the customer's credit report or big data to understand the latest credit situation of customers. Therefore, once the handling banks (lending institutions and platforms) find that there are bad records in customer credit reports or big data recently, most of them will refuse to lend money because they are worried about the risks in loans overdue.
2. There is also long-term borrowing.
If customers frequently apply for loans, it will easily lead to personal credit reports or big data becoming "flowers", too many loan records and even long-term lending. If there are still many credit products under the name that have not been repaid, it will also appear that the personal debt ratio is too high. In this way, banks (lending institutions and platforms) are likely to worry about the unstable economic life and insufficient repayment ability of customers when approving loans, and it is easy to reject customers' loan applications.
Third, the remedial measures for personal credit investigation.
1. Apply to the central bank to eliminate the wrong record: If the bad record information in the personal credit report is entered incorrectly, you can apply to the local central bank for cancellation, which can generally be solved within ten working days after the application is accepted.
2. Automatic elimination of bad records: If there has ever been a case that personal credit records have bad records due to overdue credit cards, the bad records will be automatically eliminated after all the debts are paid off five years later.
Personal credit investigation refers to the activities of personal credit investigation institutions established according to law to collect and process personal credit information and provide personal credit information inquiry and evaluation services according to the requirements of users. Personal credit report is a personal credit history record provided by a credit reporting agency to legitimate information inquirers after processing and sorting out the information collected according to law.