Online loans have become a popular daily form of lending because of their convenient nature. However, during the application process, we may encounter unsuccessful applications, at which point there are often concerns as to whether there will be a poor record of correspondence. Come on, let's get to the point。

You'll get a letter from the loan failure

Whether or not a letter-of-assist record will be kept for unsuccessful applications for loans will, in fact, vary from case to case. In case one, if you have been asked for a letter of request during your application for a loan, the information will be marked on the letter of request, but it will not be recorded. Second, letters of demand were not checked during the application for loans, and in such cases there was no record of any such request。

While the unsuccessful application for a loan does not have a negative impact on the letter of request, this does not mean that it can be made at will. If loans are requested frequently and consistently unsuccessful in a short period of time, they may be identified by financial institutions as unusual, thus affecting the subsequent pass rate of loans。

So why did the loan application fail? In fact, this is related to the type of product you apply for, such as pay loans, business loans, public funds loans or other credit loans. In the case of pay loans, it is generally required to work for more than three months, to have bank water records, to provide proof of work and letters of credit, etc. Then the problem can come from letters of credit, such as your over-indebtedness, your inability to pay off your economic income, or your over-application for Internet loans, which leads to poor big data, even if there are late records or too many search records, which may be the reason why loan applications are rejected。