Why didn't the application pass after the loan was repaid? It is estimated that these qualifications are problematic.

For those who want to borrow money, recyclable loan products are definitely the best, but in order to control risks, lending institutions will definitely choose people with better qualifications to lend money. Speaking of why the application was not passed after the loan was repaid, it was actually because the borrower's qualification did not meet the loan requirements. Let's take a closer look.

Why didn't the application pass after the loan was repaid?

If the borrower repays the loan normally and other personal qualifications have not changed, it is not difficult to borrow again on the 58th. However, after repayment, the application fails, which means that the borrower's qualifications no longer meet the requirements of the 58th. Generally, there are the following reasons:

Reason 1: Age mismatch.

If you want to apply for a 58-year loan, you need to be 22-50 years old. If you are over 50 years old and want to apply for a loan again, the system will not approve it. For lending institutions, borrowers who are too old will have relatively poor repayment ability and the risk of overdue will become greater.

Reason 2: Personal credit is getting worse and worse.

If the borrower is overdue when using the 58-year loan, or the borrower's other loans or credit cards are overdue, it will affect the borrower's credit information. However, at the age of 58, if you want to make a successful loan, you need to pass the loan review, but your credit can't pass the review.

Reason 3: The borrower's identity document is invalid.

Borrowers who are easy to borrow need to be mainland residents with full civil capacity. If the borrower becomes a compatriot from Hong Kong, Macao and Taiwan, it will no longer meet the loan conditions. Secondly, the loan applicant needs to have legal and valid identity documents. If their ID card expires, they can't apply for a loan.

Why the application is not approved after the loan is paid off is generally the above three situations, but sometimes 58 finance has other risk control conditions for borrowers. If the borrower does not meet the above conditions, you can directly consult customer service.