If you decline my application, what is the reason?
Your suitability for financing will be assessed by a credit reference agency and Payment Assist's own business criteria. Though we are unable to provide you with a main reason for decline of your application, it is usually based on one, or a combination of the following:
Your credit score (note that every finance company will score you differently)
Adverse credit reference agency information
You are considered to be overcommitted
You are aged under 18
Your existing account performance with other lenders
Related Articles
- Once my application is approved, what happens next?
- Will I be credit checked?
- If you decline my application, what is the reason?
- What type of information do credit reference agencies hold about me?
- How do I obtain a copy of this information?
- If my application is not successful, can I re-apply?