What will happen if you can’t get money from the loan software?

Why can’t I borrow money even though there are so many loan platforms?

There are countless loan platforms on the market now, and many of them can be operated online. There are many loan platforms for students, white-collar workers, or salaried workers, and there are also some platforms that only do small loans. In short, there are so many platforms, there is always one where you can borrow money.

But why do some people register many accounts and apply for many platforms, but still cannot borrow money? Why can't I apply for a loan even though I have good financial resources?

1. The central bank’s credit report is not good

Many loans now are credit loans, so many loan platforms need to review the borrower’s credit report.

Having a bad credit report is not a fixed concept, and the standards and loan qualification indicators that each loan platform refers to are also different. Some focus on real estate, some focus on cars, some focus on jobs, and some focus on liabilities, which are related to the types of loans issued by the loan platform. Generally speaking, it is difficult to get another loan due to behaviors such as malicious overdue payments and non-payment of debts.

2. Borrowing too much and registering on too many platforms

In addition to referring to the borrower’s credit report, each platform also refers to different data. But in the context of big data, it is normal for borrower information to be recorded.

If the borrower has borrowing records on more than ten platforms and is in debt or overdue, it will be difficult to borrow money.

3. Alipay’s Zhima credit score is too low

Some middle-aged people only registered Alipay accounts to borrow money, and they have no experience in using Taobao. Many of them The personal information has not been authenticated, resulting in a low Zhima credit score, which remains at around 500 points. Many loan platforms today will verify the borrower’s third-party credit score, such as Sesame Credit Score. If the borrower's Zhima credit score is not high, it is very likely that he will not be able to borrow money.

4. Other reasons

Since each loan platform has its own regulations and characteristics, it is normal for the borrower to be denied a loan if he does not meet the requirements in some aspects. It has nothing to do with anything else.

My credit has always been very good and there have been no defaults. Why can’t I borrow money from lending platforms and credit cards?

There are many reasons why you cannot borrow money from lending platforms and credit cards. Credit loans are generally reviewed by credit software and given reference opinions before submitting to the next step of the approval process. Due to exposure to credit software, Let me briefly explain it to you:

After the loan application is submitted, your information will be compared in the background. There are hundreds of comparison dimensions, and there are more than a dozen types of direct loan rejections. If you violate any of them will be directly rejected. We often encounter the following ones (the focus of each bank or online loan company may be different):

First, the information is false, such as the mobile phone number does not have a real name, the identity The ID number has been blocked, etc. These things will not be listed in the credit report, but they will be rejected immediately.

Second, if there are too many credit cards, the card will be rejected instantly. It is recommended to cancel credit cards that are infrequently used or have low limits.

Third, if the credit limit that has been granted is too high and touches the total personal credit limit, the application will be rejected immediately.

Fourth, if you have recently applied for an online loan, it will be rejected immediately regardless of whether it is successful or not.

Fifth, I applied for a credit card from the same bank within half a year and was rejected immediately.

Sixth, if you apply for a credit card frequently within half a year, you will be rejected immediately.

Seventh, if there is execution information, including guarantee, even if you are not the direct executioner, your application will be rejected immediately.

Eighth, if you have a criminal record, you will be rejected immediately.

Ninth, if you have engaged in underground financial work, such as credit card promotion and received complaints, etc., you will be rejected immediately.

Tenth, being blacklisted by a certain bank, regardless of whether the application is for that bank’s credit card, the application will be rejected immediately.

Eleventh, if you have made large purchases recently, if the bank determines that the repayment capacity is exceeded, it will be rejected immediately.

Twelfth, if the credit card overdraft is too large, and every card under your name is overdrafted above 80%, the application may be rejected immediately.

Thirteenth, if you suddenly stop paying social security, medical insurance, etc. without reasonable reasons, you will be refused immediately.

There are many more. These are the common ones. You can compare them with your actual situation. I hope it can solve your problem. If you still have any questions, you can send a private message.

Credit is priceless, you must cherish it!

My credit has always been very good and there have been no defaults. Why can’t I borrow money from lending platforms and credit cards?

Whether it is Alipay’s Jiebei or Huabei, or some online loan platforms or credit card issuers, they are very welcoming to borrowers with good credit. Why? Because the interest rate is high, basically, among the lending institutions mentioned above, the lowest credit card interest rate is more than 8% per annum. For example, if you borrow money from Alipay, the daily interest rate ranges from 15,000 to 60,000, but on average, it is a lot The annual interest rate for people is about ten percent. With such a high interest rate, as a lending institution, you are afraid that you will borrow less. If you have really good credit, these platforms will definitely not reject you. , please don’t doubt this.

Although the interest rate is high, if the borrower fails to repay the loan or defaults on a large scale, how can the lending institution make money? Therefore, when I invested in online loans a few years ago, I paid attention to the default rate and bad debt. Key indicators such as rate are of great concern.

In other words, the core of a lending institution is actually risk control. Therefore, if a borrower wants to borrow money, it must pass their risk control review. Why do some people think that their credit has always been very good, but when they really need to borrow money, the platform or the credit card issuer will not lend money to you? The key is that if you have not passed the platform's risk control review, you will naturally not meet the lending conditions.

First, there is a stain on credit. In other words, your credit record is not always as good as you think.

After we submit the application materials, the platform will generally conduct risk control review of the materials through system review and manual review. During this process, the platform will review your credit situation based on the information you provide, access relevant records and data from cooperation with third-party credit agencies. Especially after the new version of the central bank's credit reporting system is launched, credit reporting records cover a longer period of time and contain more content, so it is very likely that your "misdeeds" left over time will be recorded. And you may still be at a loss, so in this case, you can first check some personal credit records yourself so that you can make targeted improvements.

Second, there are doubts about the purpose of the loan. Nowadays, Internet technologies such as artificial intelligence, cloud computing, and big data are developing rapidly. The purpose of borrowing is actually easy to find out. When we submit a loan application to the platform, if we fill in false information, it is very likely to be analyzed by the other party. It is especially necessary for borrowers to provide the platform and credit card issuers with the true purpose of borrowing. If you cannot explain your true purpose for borrowing money, you may be denied a loan.

Third, the application information is incomplete or false. Maybe Alipay is a better platform in this regard. Before you apply for a loan, a lot of information has been obtained by the platform, and the platform will send you a loan invitation based on their judgment of your financial situation. But on some online loan platforms, if you want to borrow money, you need to submit relevant information. For example, the most basic ID card information, portrait authentication, contact information, work information, current residential address and other information, and even your address book have been obtained by the other party when you download the app. In the process, they We will complete the preliminary judgment of your information. If the borrower has some flaws in the process of providing these information, such as unclear ID card photo or mismatched residential address and house number, it may lead to failure in the review and failure to borrow the money. .

Fourth, borrowing is too frequent, even from multiple platforms. If there are no problems with our application information and credit record, but we borrow too frequently from multiple platforms, we will most likely be denied the loan. This is a typical long-term loan. For risk control, this is a high-risk group. In this case, the lending institution will naturally consider whether you have any problems.

Welcome to pay attention and communicate together.

The judgment of personal credit by financial institutions and your own credit evaluation are completely different. Financial institutions are based on big data of your various consumption, investment, income and other behaviors. With the continuous development of financial technology, everything you say and do will become a stepping stone for your credit quality.

Some friends feel that their credit is very good and they never default on private loans, which is true, but they just can’t borrow money from the bank. The reasons are:

1. You have a white account, that is, no relevant information about you can be found in financial institutions, and you have not dealt with the bank. The bank cannot track your financial data, and it cannot analyze and profile you, so it cannot determine your creditworthiness. , you are just a blank sheet of paper there! At this point, all you have to do is deal with them. The first thing to establish credit is to make the other party trust you and make the other party think that they are profitable in you.

2. The overall score is too low, which means that even if you have relevant consumption, savings, investment and other records in financial institutions, and the credit report also shows that you have no overdue and other bad records, but because you There are potential risks such as your age, physical health, workplace, income, region, number of credit inquiries, and excessive proportion of other liabilities, which will make banks doubt your comprehensive evaluation. At this time, you still cannot obtain relevant financial platforms and institutions. any credit granted. Because the expectation of risk lies in how much future value you generate, if your future is deemed higher risk, the door to review will be closed. Each bank has its own risk assessment system, but the main weighting parameters will not change. Therefore, to solve this problem, it is to be able to provide supporting materials for the above parameters, or to work hard to solve the above problems when relevant certification cannot be provided. Improve and solve the problems one by one, which is commonly known as "raising credit".

The construction of a credit system is a science and a basic guarantee for the good operation of the social and economic system. With the continuous development of the Internet, more parameters for testing credit will be included in the credit system. In the future, credit will no longer be It is a single judgment of financial behavior, but uses personal social credit as the basis for evaluation. To put it simply: credit will accurately reflect what kind of person you are!

In fact, for lending platforms and credit card review, they basically focus on the borrower's repayment ability and willingness to repay. If you can't borrow money, you need to look at these two aspects to see which one has the problem. The willingness to repay is generally judged based on the past credit status of previous borrowers. There is no tangible evidence to support the will, so we can only use the credit status of past borrowers as a reference. If the borrower has a good repayment record in the past, without any defaults or overdue circumstances, and there are no black spots in the credit report, then when the borrower initiates a loan, the relevant institutions will have a good impression. In fact, this person always performs the repayment according to the agreement, has a good willingness to repay, and the repayment ability depends on the actual situation of the borrower. For example, the borrower's income level, consumption level, current debt situation, etc. Compared with the virtuality of repayment willingness, repayment ability is more objective. How much money you make is how much money you have, and how much debt you have. The borrowing platform or credit card will comprehensively judge whether the person has the ability to repay the loan. If there is, it will be approved; if not, it will naturally not be approved.

To sum up, according to your statement, since there is no problem with credit, the most likely factor is the repayment ability. For example, if you are already carrying too much debt, or your income is relatively low, or you have not paid the five insurances and one fund normally, your income is unstable, etc., these are all reasons why the platform does not approve your application.

Credit is only an important factor in the review by the lending institution. In addition, there are many other factors that will also affect the success of your loan. Therefore, even if you have good credit, you may not be able to get a loan 100% of the time. Today, I will tell you in detail why you, who have good credit, have been unable to get a loan?

In daily life, lack of money is common. What should I do if I need money urgently? Borrow money, there are so many ways to borrow money now! But a friend complained to me that even his friends with illegal accounts were able to get loans. His credit was obviously very good, but he had prepared all the materials to apply for a loan, but he was still rejected. What was the reason? In fact, credit is only an important factor in the review by the lending institution. In addition, there are many other factors that will also affect the success of your loan. Therefore, even if you have good credit, you may not be able to get a loan 100% of the time.

Today, I will tell you in detail why you, who have good credit, have been unable to get a loan?

1. Too old

Banks are relatively strict lending institutions. They stipulate that loan applicants must be between 18 and 65 years old. That is to say, in a legal sense, you can apply for a loan as long as you are over 18 years old and under 65 years old. But in fact, it is more difficult to apply for a loan from a bank, especially a mortgage, if you are over fifty. People aged 25 to 40 are the most favored group by banks. These people are in the golden age of life and have strong repayment ability. Although people over 50 years old can legally apply for loans, these people are generally not recognized by banks. Because being over 50 years old means that you will retire soon and your health will gradually suffer from problems. Therefore, banks consider this group of people to be risky and will not approve their loan applications.

2. The industry is restricted

Many friends have reported that they clearly earn a lot, but why are they still not recognized? That is probably limited by your profession. Occupation restrictions have nothing to do with how much money you make. Occupations such as stewardess and pilot are considered high-risk occupations by banks. Although the job is stable and the income is considerable, lending institutions will believe that these occupations are too dangerous, the probability of accidents is high, and the risks are too high, so they are not confident in lending money to such people who are engaged in high-risk industries. In addition, there are many occupations that are restricted. For example, working in KTV, bars and other places will be judged as sensitive occupations by lending institutions, and working in public security, procuratorates and other places will be judged as cold occupations. Friends who are engaged in these occupations can apply. Loans will be subject to certain obstacles.

Another important point is that this is just whether you think your credit record is good. Have you checked it, and have you checked on the right platform? This will all affect

Teaching is an excellent profession. , it is generally a good loan. If you cannot get the loan, there may be the following reasons:

1 The credit record is not good, but you said that your credit record is in good condition. It is recommended that you go to the local People's Bank of China or get one at the counter. A hard copy of your credit report to make sure you haven’t missed anything.

2 There are too many credit inquiries. Basically, bank apps, official accounts, and mini-programs all have credit inquiry authorization functions. Small loan apps also have credit inquiry authorization functions. You may accidentally check it many times. Each inquiry will have an inquiry record, which the bank can see. Each bank basically has requirements for the number of inquiries.

3 Big data is not good. There may be no problem with your credit report, but there may be problems with the data, you have had a loan lawsuit, a criminal offense, or there is an ongoing lawsuit (unclosed case) or your domicile is in Fujian or Yulin. These may be the bank's refusal to lend. reason. It is recommended that you check several websites: Execution Network, Huifa.com, Qichacha, etc.

4Without assets, this possibility is smaller. Because as a teacher, it should be easy to apply for a credit card or a loan.

5 If you are older, it is really difficult to get a loan. Generally, it should not exceed 55.

In fact, for lending platforms and credit card review, they basically focus on the borrower's repayment ability and willingness to repay. If you can't borrow money, you need to look at these two aspects to see which one has the problem.

The willingness to repay is generally judged based on the past credit status of the borrower.

There is no actual evidence to support the will, so we can only use the credit status of past borrowers as a reference. If the borrower has a good repayment record in the past, without any defaults or overdue circumstances, and there are no black spots in the credit report, then when the borrower initiates a loan, the relevant institutions will have a good impression.

This person actually performs the repayment as agreed every time and has a good willingness to repay.

The repayment ability depends on the actual situation of the borrower.

For example, the borrower’s income level, consumption level, current debt situation, etc. Compared with the virtuality of repayment willingness, repayment ability is more objective. How much money you make is how much money you have, and how much debt you have.

The borrowing platform or credit card will comprehensively judge whether the person has the ability to repay the loan. If there is, then the approval can be passed; if not, then the approval will naturally not be passed.

To sum up, according to your statement, since there is no problem with credit, the most likely factor is the repayment ability.

For example, if you are already carrying too much debt, or your income is relatively low, or you have not paid the five insurances and one fund normally, your income is unstable, etc., these are all reasons why the platform does not approve your application.

There are so many defaults and overdue loans now, so banks have to be more careful. Banks are looking for borrowers with good qualifications. If the bank rejects you repeatedly, it means that it still doesn't trust you. Take action to let banks see your excellent qualifications, and they will naturally be forced to lend you money. For example, banks often call me and want to lend me money ranging from 70,000 to 150,000. But I have enough money of my own. Not really. Therefore, it is most important to let the bank see your excellent qualifications.

Lending platforms and credit card borrowings are both credit loans. Whether credit can be approved is not only related to credit default, but also has a very important relationship with the following three conditions:

1. Liabilities. Credit loans generally have a credit limit limit for individuals. This credit limit includes credit card and other credit loan platform limits. If a certain limit is reached, it will be difficult to apply for a new loan. Or although the debt is not high, the loans are from small online loans. There is a saying: Once you get into online loans, the depth is as deep as the sea, and the bank will be a passerby from then on. In this case, it is naturally difficult to borrow money with a credit card, and lending platforms will be very cautious in lending.

2． Income situation. The opposite of debt is income. If the income is high and the job is stable, then the total credit limit will be high. For example, if the job income increases and has been maintained for a period of time, usually 6 months or more, then apply for a new loan. , it will be easier to get a loan. When applying for credit, banks and lending platforms place the most emphasis on the individual contribution amount to provident fund and the nature of the work unit. State-owned enterprises, foreign enterprises or Fortune 500 companies are the best.

3. Credit inquiry status. Although your loans are repaid on time and there are no defaults, if you apply for a large number of loans in a short period of time, resulting in too many credit inquiries, usually more than 4 inquiries in the last month, and more than 6 times in 2 months, the credit application will be approved. The probability of getting a loan will also be very low.

The credit report is good, but the credit application is rejected, usually due to the above three reasons. You can compare your own situation, make corresponding adjustments, and then apply for a loan after the situation improves.

Some borrowers left messages saying that they were unable to apply for a loan and wanted to know the secret to getting urgent money. If you want to know this, you must find out the review conditions of the lending institution and who it targets before applying. Some borrowers said that they have good borrowing ability and good personal credit, but why can't they apply for a loan?

Why can’t I borrow money even though I have good credit?

It does not mean that you can borrow money with a good personal credit report, but a good personal credit report is one of the conditions for being able to apply for a loan. Of course, you may not be able to borrow money because of the following reasons: Income The relationship between debt and debt

Income and debt are more important conditions. If the borrower's income is low, from the perspective of the lending institution, if you apply for a higher loan amount, it may be difficult to repay the loan. , the risk of overdue is relatively high, so they are unwilling to borrow money for you.

Although the amount of small-amount loans is low, you can easily be rejected if you have no income. Generally, small-amount loan products with higher amounts will often have strict qualifications of the borrowers, but for some For loan products that are easier to pass, the limit may be very low.

Here income should be considered together with liabilities. If you have more personal debts, even if you have a higher income, it will have a certain impact on loan applications. Some institutions often require borrowers to have no debts. In this case, income is two to three times the monthly payment, so borrowers below this number may have difficulty borrowing money.

Requirements for personal credit

This is relative to credit-white accounts. Although credit-white accounts have not borrowed money, for this type of people, they may have borrowed money before. They have never applied for a credit card, so their credit history is relatively empty. It may be difficult for this type of person to borrow money. For this type of people, bank credit managers will often recommend you to apply for a credit card to accumulate personal credit.

Of course, authenticating personal information is often critical. You must fill it in carefully and avoid mistakes. The more accurate it is, the better it will be for the loan approval rate!

Lending institutions have tightened their lending standards

When funds are relatively scarce, some lending institutions may tighten their lending standards and reduce the number of borrowers to ensure that each The risk of borrowing money is low, so in this case, some credit reports do not have much problem, and borrowers with relatively strong repayment ability may be rejected for borrowing.

What are the reasons why online loans cannot be borrowed

There are many reasons why online loans cannot be borrowed. For example, the online loan APP system is currently being maintained or upgraded, the user’s online credit report is poor, or the People’s Bank of China Poor credit, the user's debt ratio is too high, the user has multiple loans, the user does not have enough repayment ability, etc. The above multiple reasons have the same effect, which can easily lead to users being unable to apply for online loans.

Only the online lending institutions are maintaining the system, and users only need to change the time period to apply.

Extended information:

Online loan application conditions:

1. Online loans require applicants to be at least 18 years old, have full capacity for civil conduct, and Many online loans do not allow current students to apply.

2. Sesame Credit: Many online loans require authorization from Sesame Credit, so online loans require applicants to have good Sesame Credit. However, different loan products have different standard requirements for Sesame Credit scores. . Applicants are generally required to achieve around five or six hundred points.

3. Personal credit: Some online loans require a credit check, and some do not, but in general, the applicant still needs to have good personal credit.

4. Other conditions: Online loans basically require a mobile phone number and bank card. Especially for mobile phone numbers, online loans will require applicants to have a mobile phone number that has been used for real-name authentication for 3 months or more than 6 months.

Of course, the conditions may be different for different online loan products. The actual situation is subject to the product page display.

Formal online loan platform:

1. Youqianhua

Youqianhua is an online credit product of Du Xiaoman, which does not require users to provide any Mortgage or guarantee items, you can apply for a loan based on your personal credit alone. The maximum amount of credit that Youqianhua can grant to users is 200,000 yuan, which is already considered a very large amount among many small loan software.

The lowest loan interest rate for Youqianhua is 0.02%, and the longest loan period that can be applied for is 24 months. When users apply for a loan, the entire process is done online, with simple steps and convenient application. Youqianhua has dedicated personnel to quickly review and approve the loan within 24 hours. After the loan application is approved, the loan can be completed in as fast as 5 minutes.

2. Weilidai

Weilidai is a small loan product under WeBank, the first online bank. Users do not need to download the APP, just open WeChat and click on the wallet. Find the borrowing entrance of Weilidai. Weilidai adopts a whitelist invitation system, which requires the user's WeChat payment score to reach 650 or above before it can be opened.

Weilidai’s lowest daily loan interest rate is 0.02%, and the maximum credit limit is 300,000 yuan. After the user's loan application is approved, he or she will receive a payment notification in as little as 5 minutes.

3. Sweet Orange Loan

Sweet Orange Loan is a loan product within the China Telecom Yipay APP. The maximum credit limit is 200,000 yuan, and the maximum length of time you can apply for a loan is The term is 12 months. The lowest daily interest rate for borrowing money from Tiancheng is 0.02%. After the user’s loan application is approved, the user can receive a loan notification as soon as one minute.