Why do many online loans fail to pass if they are not overdue? Online loan platforms have their own credit reporting system and risk control system. If the results of the comprehensive evaluation do not meet their requirements, they will naturally fail. Loans not only review an individual's credit profile, but also look at the individual's overdue record, and also review the borrower's willingness and ability to repay. Approval will be based on the borrower's qualifications. Your workplace, age, etc. will all affect the approval of online loans.
1. Insufficient income: As the most important loan application information, income is the key to ensuring the ability to repay, so online loans will determine whether to grant a quota based on the borrower's income. However, online loans generally do not check bank statements and do not have that authority, so income is only used as a reference and combined with other information to make a comprehensive judgment.
2. Bad credit report: Some users always think that credit has nothing to do with it, and the occasional overdue payment has little impact. In fact, overdue payment can reflect two problems. One is poor financial status and lack of funds. It will be overdue if the turnover cannot be recovered. The other is poor integrity, lack of awareness of repayment on time, and habitual overdue payments. No matter what the problem is, it will cause the online loan to be rejected.
Currently, we can borrow bei, 360 IOU, Youqianhua, Anyihua, Banyan Loan, Weilidai, Jingdong Gold Bar, Gome Easy Card, Fenqile, Paipaidai, Huanbei, 58hao borrow money jar, It is easier for users to apply for loans on Guohua and Haoqidai. However, whether the loan platform ultimately approves the user's loan needs depends on the user's current personal qualifications. The higher the personal qualifications (the higher the academic qualifications, the more stable the job and income, the better the credit record, the less debt), the better the loan platform will be. It is easier to pass the user's loan application, and vice versa.
If you have capital turnover needs, it is recommended that you use Youqianhua. Youqianhua is a credit service brand under Duxiaoman Financial (original name: Baidu Youqianhua, changed its name to "Youqianhua" in June 2018 "), big brands are reliable, have low interest rates and are trustworthy. Youqianhua-Manyidai, the loan amount is up to 200,000, and the daily interest rate starts as low as 0.02%.
Reference: Du Xiaoman Youqianhua official website
Easy to apply , low interest rates, fast lending, flexible borrowing and repayment, transparent interest fees, and strong security.
Share with you the application conditions for Youqianhua: The application conditions for Youqianhua are mainly divided into two parts: age requirements and document requirements. 1. Age requirement: between 18-55 years old. Special reminder: Youqianhua declines to provide consumer installment loans to college students. If you are a college student, please give up the application. 2. Document requirements: During the application process, you need to provide your second-generation ID card and personal debit card. Note: The application only supports debit cards, and the application card is also your borrowing bank card. My identity information must be the second-generation ID card information. Temporary ID cards, expired ID cards, and first-generation ID cards cannot be used to apply. Online loans are risky, so be careful when choosing!
3. Debt: Even if it is not overdue, if the current debt ratio is too high, the online loan will not be approved, because a person’s income is limited. In addition to normal expenses, if you are still burdened with If the debt is in debt, there will not be much money available for repayment, so institutions are generally unwilling to grant too high a credit limit to borrowers with high debt ratios.