The emergence of online loans provides us with a variety of product choices, which meets the borrowing needs of users at different levels and for different purposes. Whether it is short-term turnover or long-term investment and construction, you can find the corresponding products on the online loan platform. Compared with traditional banking institutions and other financial channels, it is more convenient and faster to apply for online loans, and it only takes one or two days from application to lending. Even now, many banks have launched online lending services. However, recently, many friends reported that their online application for micro-loans was ruthlessly rejected. Let's take a look at the reasons why the online loan application failed!

1, the loan application conditions do not match: compared with the large loans from banks, the threshold for online loans is indeed much lower now, but there are certain requirements. Generally, people are required to be at least 18-60 years old, have a stable job and income, and have good personal credit. If you can't meet the basic requirements, you will be rejected, so you must read the loan requirements carefully before applying.

2. Incomplete information: After applying for online loan to register a personal account, you need to fill in your own information manually. The more complete and true the information, the higher your pass rate and loan amount. On the other hand, if you miss a lot of key information or have false information, you will be ruthlessly rejected and even branded as "fraudulent loans" by online lending institutions.

3. Personal credit difference: It should be noted that the vast majority of online loans on the market have been connected to the central bank's credit information system, which is no longer the era of barbaric growth in previous years. Therefore, if you have overdue records or applied for multiple online loans in a short period of time, you will be blacked out by credit reporting agencies, thus affecting the loan success rate of loans.

4. Personal debt is too high: it should be noted that the asset-liability ratio is also one of the important factors for the success of loan application. When most lending institutions approve loans, their tolerance for debt ratio is within 70%. If it exceeds 70%, they will question your repayment ability and willingness and refuse to lend you money.

All in all, there are some problems that need to be paid attention to when applying for online loans. The first is the borrower's own repayment ability evaluation, to ensure that before applying for a loan, fully consider their own economic situation and repayment ability, and formulate a reasonable and feasible repayment plan. The second is to choose a formal, reputable and qualified platform for lending operations to avoid stepping into illegal or high-risk investment fields.