The process of applying for online loans is not as smooth as many friends think. Some friends were ruthlessly rejected when they applied for Xiaosha Yidai. So, what happened when Xiaosha Yidai was rejected for loan? Here, I will introduce to you the reasons why Xiaosha Yidai loan was rejected. According to what we have learned, loan rejections on Xiaosha Easy Loan are often caused by insufficient comprehensive credit, and there are three reasons for insufficient comprehensive credit.

1. Poor credit report Nowadays, more and more financial institutions will report borrowers’ bad credit records to the central bank for credit report. If you have dishonest behaviors such as overdue loans and illegal use of funds at a certain financial institution, it is very likely to cause stains on your credit report. For Xiaosha Yidai, which attaches great importance to credit reporting, it is difficult to lend money to people with poor credit reporting.

2. The age range is no longer relaxed. According to the regulations of Xiaosha Yidai, only people over 22 years old and under 45 years old can apply for Xiaosha Yidai. If your age is not within this range, it is normal for your loan application to be rejected.

3. Insufficient repayment ability. For people whose income is not very high, or who currently have a lot of debt, their repayment ability is often insufficient. For people with insufficient repayment ability, Xiaosha Yidai will consider them unable to afford new loans and choose to refuse the loan. The above has introduced to you the reasons why Xiaosha Easy Loan was rejected. I hope it can help you find the reasons for your rejection and solve the problem in time. I would like to remind everyone that if your application for Xiaosha Easy Loan is rejected, do not proceed immediately. For a second application, it is best to wait 2-3 months before trying again.