2006-10-20 01:35:34 · 10 answers · asked by Anonymous in Business & Finance ➔ Credit
your credit history and score is the most important factor. since u were denied you are now able to receive a free copy of your credit report. Look to see what is on it, which may have resulted in you being denied credit. Also pay the extra couple of dollars and order your credit score. Anything under a score of 600, usually means you are going to be denied almost anything.
2006-10-20 01:42:30 · answer #1 · answered by upfromnutin 2 · 0⤊ 0⤋
Your credit score, and your ability to repay the loan. If the loan payment would take up too much of a percentage of your total earnings you will more than likely be turned down. The bank wants to make sure you can pay it back on time.
2006-10-20 08:42:57 · answer #2 · answered by ? 6 · 0⤊ 0⤋
hi - i sell cars for a living and we deal with this all the time - collateral, past credit history and financial ability to pay are the most important factors, probably all equally important - a car is better collateral than furniture, a musical instrument is no collateral at all - if the collateral is not useful to the loaner, than your past history is very important, along with your ability to repay - go to a good browser and ask about "debt- to - income ratio" - also, the lender should have told you why you were declined
2006-10-20 08:47:01 · answer #3 · answered by johnmadsen53 2 · 0⤊ 0⤋
Which? have some good articles about this sort of thing. They have a 30-day trial to access all their reports.
I also read an interesting article in Metro the other day. It was about how repeated credit card applications can damage your credit ratings.
2006-10-20 08:43:21 · answer #4 · answered by sophie 2 · 0⤊ 0⤋
Apply on line at www.surefirefinance.co.uk they can help you get a loan with a bad credit history and get the best rates for those with good credit.
2006-10-20 09:02:24 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Do you have a bad credit?Are you into debt?Do you need a personal loan.I give out loan to Business Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories:
Manager of a company
A private Holder
A broker in banks
A director in any office or company
A high investor of and compay
If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon.
Name In full____________ ____________
Occupation___ _______________ ______
Counry_____ _______________ _______
State____ _______________ _________
City___ _______________ ___________
Zip code:__ _______________________
Phone Number ____________________
Sex _______________ ______________
send these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now. email chris_per_lenders@yahoo.com
Thanks.
2006-10-22 11:17:44 · answer #6 · answered by chris 1 · 0⤊ 0⤋
Your credit scoe and history and your current debt to income ratio. Generally, debt should not exceed 35% of your monthly cash flow. If it does lenders would be inclined to refuse giving you new debt.
2006-10-20 08:45:47 · answer #7 · answered by waggy_33 6 · 0⤊ 0⤋
Check your credit file, you can get a copy from Experian.(you will have to pay for it) If you have any referrals to collections agents, that may affect your rating. You can get some entries removed, but you need to ring Experian and ask them to help you.
2006-10-20 08:47:22 · answer #8 · answered by Twisty 4 · 0⤊ 0⤋
Your credit file will be the main thing that will be looked at by most Banks and lenders.
If you want to check yours you can find information on how to at
http://www.flmloans.co.uk/credit-file.php
2006-10-20 15:50:05 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Your credit score
2006-10-20 09:52:12 · answer #10 · answered by Luckys Charm 4 · 0⤊ 0⤋