1. Having a bad credit record means that personal credit is tainted.

With the popularity of credit cards, most young people have a card. Because of its convenience and simplicity, we use it casually in our daily life, and we can't remember it clearly when we spend more times, or we forget to repay on time when we overdraw, which leads to the record of overdue repayment in the bank credit information system. What's more, there are outstanding loans in banks or other lending institutions, which are very easy to be blacklisted by banks. The central bank's personal credit database is networked nationwide, and any domestic bank can check the borrower's credit information at any time to help evaluate and judge whether the applicant meets the loan conditions. If your credit card is often overdrawn, your loan has not been paid off, or your personal repayment ability can not meet the repayment conditions, it is difficult to apply for online loans.

2. The repayment ability assessment is unqualified.

No matter which bank or financial institution lends money, it will definitely assess the risks. "Unsecured" and "Unsecured" in the market are just another concept. When individuals apply for online loans, the platform first reviews and evaluates the borrower's repayment ability. Why online loans are not approved is largely because the borrower's personal income level can't reach the repayment amount, or the borrower has not paid off several loans, and the credit situation can't meet the repayment requirements, so the probability of applying for approval is very small.

3. The choice of online lending platform is unreasonable.

4. No work unit

If the loan applicant does not have a work unit, it is also impossible to apply for a personal loan, which we often ignore.

5. Unreasonable use of loans

Banks or other financial institutions also have certain requirements for the use of loans. If the personal loan application is for decoration loan, then the borrower needs to sign a "renovation contract" with the decoration company to ensure that the money is really used for the decoration of the house. Therefore, before applying for a loan, you must have a clear and reasonable explanation for the purpose of the loan.

Editor's note: Why didn't the online loan pass? There are many reasons, and different online lending platforms have different requirements. According to these points, find out what you did wrong and try to correct it before you can successfully apply. If you want to know more about loan products, you can have a look, choose a few favorite products and start your loan career.

Why can't I get anything through my loan?

Reasons why online loans are not approved:

The user's personal credit information is bad or the network credit information is bad; The user does not have enough repayment ability; User debt ratio is too high; There are long-term loans for credit reporting; The personal information filled in by the user is inconsistent with the actual situation; The user missed the loan review call, etc.

The above reasons will lead to the failure of users to apply for online loans. At this time, the user can wait until the personal credit qualification is restored before trying to apply.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.

Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Basic loan terms

Loan target: China citizens aged 18 to 60 with full capacity for civil conduct.

Loan amount: After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge amount, mortgage amount, guarantee amount or credit amount of the borrower.

The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.

Guarantee method: mortgage, pledge, third-party guarantee or credit recognized by CCB.

Application materials to be provided:

(1) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.

(2) the guarantor's credit certification materials.

(3) Collateral appraisal report issued by the socially recognized appraisal department.

(4) Other documents and materials as stipulated by the Construction Bank.

(5) Original and photocopy of the borrower's valid identity certificate.

(6) local permanent residence or valid residence identity certificate.

(7) The borrower shall produce the income certificate issued by the employer, the borrower's tax bill and insurance policy.

(8) The pledge right required for the borrower to obtain the pledge and the amount of mortgage, the list of collateral and the ownership certificate, the written document of the owner and the property that someone agrees to pledge and mortgage.

(9) The borrower also needs to provide the bill for the hydropower property where the company is located and the bill for the hydropower property with personal address.

Why are all my online loans rejected?

There are several reasons why online loans are rejected:

1. Has a bad credit record on other platforms.

Poor personal credit reporting is an important reason. Nowadays, many platforms have large databases, and some organizations that enjoy it will make inquiries through blacklists. Although the borrower has a good loan on the lending platform, it has a bad record on other lending platforms, such as overdue repayment, which may lead to the applicant's second loan application being rejected.

This bank doesn't have enough running water.

If you apply for a loan in a bank, the running water of the bank is an important reference factor when handling the loan. The bank mainly evaluates your repayment ability according to the running record to see if there is a stable income. If the bank has no running water or too little running water, the loan will become invalid again.

3, its own debt ratio is too high

On the basis of not repaying the last loan amount, borrowing again will increase its debt ratio and cause great repayment pressure. Such an applicant bank is unwilling to give you a loan under the condition of comprehensive consideration of repayment.

If the bank financial institution will inquire about the credit information, it is suggested to pay off some debts properly before applying for a loan. If the borrower borrows 6,543,800 yuan from the bank, but there is an outstanding loan amount of 60,000 yuan, when you apply for a loan again, the bank will only give you a loan amount of 40,000 yuan at most, and it is best to apply successfully at one time, otherwise the application records will be frequently left, which will also affect the next loan.

Extended data:

If the online loan is overdue, it will have the following adverse consequences:

1. The penalty interest will be charged from the overdue date until the customer pays it off in full. However, the penalty interest rate of many lending platforms will rise above the borrowing rate. If the customer has been in arrears, I am afraid there will be a lot of penalty interest. By then, more and more customers will have to pay back, and the repayment pressure will increase.

2. The loan platform will submit the overdue situation to big data, leaving a bad record in it. However, some platforms or their cooperative lending institutions have the central bank's credit reporting authority, and may also report the overdue situation to the central bank for credit reporting, leaving bad information in the customer's personal credit reporting, thus causing the customer's personal credit to be damaged.

3. I am afraid that the platform system will start risk control on the customer's loan account and freeze the quota, so that the customer can no longer borrow. At the same time, due to credit damage, customers will probably not be able to borrow from other lending institutions, platforms or banks. After all, the other party will also check the customer's credit status when approving. Once problems are found, they will naturally refuse to approve the loan.

Online loan application conditions:

1. The online loan association requires applicants to be at least 18 years old and have full capacity for civil conduct, and many online loans are not allowed for students to apply.

2. Sesame credit: Many online loans require authorization of sesame credit, so online loans require applicants to have good sesame credit, but different loan products have different standard requirements for sesame credit scores. General applicants need to reach about 500% or 600%.

3. Personal credit: Some online loans need to be checked, and some don't, but overall, the applicant's personal credit is good.

4. Other conditions: online loans basically require mobile phone numbers and bank cards. Especially the mobile phone number, the online loan will require the applicant to have a mobile phone number with real-name authentication for 3 months or more.

Of course, different online loan products may have different situations, and the actual situation is subject to the product page display.