Joke Collection Website - Blessing messages - What is the reason for the failure of online merchant bank lending?

What is the reason for the failure of online merchant bank lending?

Personal information is incomplete or incorrect, and personal credit record is poor.

Incomplete or incorrect filling of personal information: when filling in personal information, a key information may be omitted or filled in incorrectly, resulting in the system being unable to verify the identity information and thus unable to issue loans.

Bad personal credit record: If the credit record is bad, such as overdue records and arrears records, it will directly affect the credit rating and lead to the failure of online business loans.