Why did the renewal declaration fail to be approved?

Why was the loan renewal refused? Common reasons are these!

At present, many people have applied for loans more or less. Because many loan products are one-time quotas, they need to be renewed after the expiration. Some users said that they were often refused to renew their loans. What's going on here? Today we will analyze several common reasons.

1. The liabilities have changed.

Debt ratio is one of the key contents of bank inspection. Debt ratio = (monthly loan+monthly credit card)/monthly income. If there is too much debt in the month, it will increase the debt ratio and lead to refusal to renew the loan.

Many borrowers not only borrow from one platform, but also borrow from multiple platforms at the same time, thinking of using the money from platform A to repay the account of platform B, or collecting a satisfactory amount. Long-term borrowing is not liked by any institution. Once it is found out, it is more difficult to renew the loan.

2. Too many queries.

Credit report is necessary for bank lending institutions, and it will be automatically reviewed when renewing loans. If you apply for a loan frequently, the bank will think that your risk is relatively high and refuse to renew the loan. In short, everyone should control the frequency of applying for loans and handling cards at ordinary times to avoid too many records of credit inquiry.

3. Policy supervision factors

Many lending institutions will be affected by policies, and the risk control will change accordingly. Maybe when you renew your loan, you just encounter insufficient institutional quota or strict risk control. You don't meet the requirements for applying for a loan for the time being, so you can apply later, or you can change to another institution directly.

4. The qualification has changed.

When renewing the loan, the bank will also review the borrower's current assets and credit status. If the repayment ability drops and the credit is tainted, it will also affect the pass rate of renewal.

Why can't I proceed to the next step after I have written the renewal statement?

If you can't proceed to the next step after the loan information is confirmed, someone should have failed to review your information, and then you can't proceed to the next step. It will be fine after the approval.

Why can't I submit an application for renewal? The failure to apply for loan renewal may be due to the problem of poor network. Secondly, if the application materials submitted by individuals do not meet the requirements, they cannot apply. Renew the loan once a year, which does not affect each other before. Failure to pass the qualification audit means that the user's current personal qualification is unqualified. Before applying for loan renewal, you need to fill in the loan renewal statement on the system and prepare relevant materials after submission. If there is a place that does not conform to the actual situation, it is impossible to apply successfully. _ Renewing loan business is also a concern of financial institutions and can be regarded as a part of loan business.

If the user is overdue in the subsequent life after successfully applying for a loan, it is very difficult to renew the loan. There are many overdue records in credit investigation, or there are many loan approval and inquiry records in the past three months, so it is very difficult to apply. Generally speaking, the failure to renew the loan is a question of the user's personal qualification. If you want to handle it successfully, you need to review your personal qualifications. Moreover, the loan information submitted by the borrower needs to be reviewed again, and the information that has not been filled in needs to be handled in time.

In the second year of student loans, you don't need to apply offline, but you can submit the loan renewal online, but you need to fill in the loan renewal statement. After the loan extension statement is written and submitted, it will be reviewed. If the review fails, the renewal of the loan fails. Then what should I do?

Why did the renewal declaration fail to be approved?

The most common reason why the student loan extension statement fails to pass the examination is that the completed extension statement does not meet the requirements. Before filling in the renewal statement, read the requirements prompted by the system, write realistically and use honorific words. If the contents in the statement are incorrect or inconsistent with the real situation, it will be withdrawn.

If it is taken back because of the loan renewal statement, students should re-write the loan renewal statement, treat it strictly as required, and then resubmit it, otherwise your student loan application will not be successful. If it is not because the renewal of the loan is not standardized, then we must first find out the reasons to solve the problem.

If the student's family is not poor, or the student's credit is bad and there is illegal behavior, then the renewal statement will also be invalid. In this case, students need to provide proof of low family income, and they can go to village cadres to issue poverty certificates or submit proof of low family income.

After reading the above introduction, I believe that everyone has a more comprehensive understanding of the reasons for the failure of the renewal statement. If the application for loan renewal is always rejected, you can bring relevant materials to the school to ask the relevant teachers, or you can consult the staff at the place where you applied for the loan for the first time.

What is the reason why the renewal statement was not approved?

It is normal to borrow money, but some people have some problems in the process of handling relevant procedures. As we all know, it is necessary to submit corresponding procedures for handling loan business, and so is the declaration of loan extension. However, some people failed to pass the examination when applying for renewal statement. In fact, there is a certain reason for this.

There may be problems with the submitted materials.

If there is no problem with the materials submitted by everyone, then after a period of review, the relevant institutions will definitely inform the parties to review and pass, so this time it proves that the loan renewal is successful. However, if you haven't received the notice, and the relevant institutions clearly tell you that the audit failed, then it is very likely that there is something wrong with the materials you submitted. It may be that the content of the materials submitted by everyone does not meet the relevant regulations or there are errors, so this review cannot be passed.

Other cases

So at this time, you need to check whether there are any problems in the report you submitted. It may be that the content filled in by everyone is not particularly standardized, or the relevant institutions or personnel think that the information filled in by the parties is untrue, or there are obvious errors in the content, so it will not be approved at this time. You can take these materials back for re-examination, check them again and resubmit them. This situation often happens in real life, so we must be careful when dealing with related business, and don't be so careless.

When you fill in the statement, you must ensure that the content is correct and true, so that your program can be approved normally. In fact, everyone has already made a loan before, so the relevant procedures are very clear to everyone, so we must be cautious and serious when handling the follow-up procedures, and do not have related problems.

What is it that the renewal order has been returned all the time?

Approval of renewal statement failed. Users need to modify the previous renewal statement and resubmit it. During the application period, after re-submission, there will be college teachers or staff of county-level funding centers to re-examine the renewal statement, as long as it is approved within the application period. It's just that the renewal statement failed and was later passed, which will not affect the final result of the loan. If the loan renewal statement of the loan student fails to pass the examination, you can also directly contact the university teacher or the county-level financial aid center to consult the reasons for the failure.

Under normal circumstances, the approval time for the extension of student-origin student loans will not be too long. As long as the personal renewal statement meets the requirements, it will basically be approved. Bian Xiao has compiled some introductions. I want to give you a clear understanding by introducing how long it will take to renew the student-origin loan, because many friends are not clear enough about how long it will take to renew the student-origin loan. Not much nonsense, there are friends who need to know, and it will be helpful to know the following content together.

It won't take too long to review the extension of student loans. As long as the personal renewal statement meets the requirements, it will basically be approved. In addition, the review of the renewal of student loans for foreign students is generally carried out on the second day after submitting the renewal statement, but some users said that they received a receipt message within one hour after submitting the renewal statement. It can be seen that the extension period of student-origin student loans is generally around 1- 10 days.

The extension of student loan can be applied online. Students who need to apply log in to the online student loan system of China Development Bank, select "Apply for Loan" and fill in personal information, mobile phone number and SMS verification according to the page display. After the page jumps, fill in the loan information according to the actual needs, such as loan amount, application reason, loan renewal statement, etc. After submitting the loan renewal application, select "Online Contract", and after confirming that the contract is correct, use Alipay for identity authentication, and then follow the prompts.