You might ask, "I'm applying for a loan, but why don't I use it?" It's okay. Let's look at a few possible reasons。

Why can't we use the small loan line

First, if you've recently applied for too many loans, that might be one of the reasons. When you apply for credit more frequently, it may result in personal letters of credit being compromised. It's probably the risk of multiple borrowing in your small eyes, so they'll think twice before the loan。

Secondly, if your letters are in bad condition, they may also be a key factor. Undesired records such as overdue, reimbursing and bad debts can seriously affect your personal correspondence. If there is a problem with the letter, it will be very difficult to release your loan application when you review your credit status。

THIRD, YOUR PERSONAL DEBT RATIO MAY EXCEED 50%. ONCE YOU LOOK AT YOUR CORRESPONDENCE REPORT AND FIND THAT YOUR DEBT RATIO IS TOO HIGH, THEY MAY THINK YOU CAN'T REPAY YOUR DEBT. IN ORDER TO AVOID FUTURE RISKS OF DELAY, THEY MAY REJECT YOUR APPLICATION。

Fourth, perhaps your income does not meet the modest loan requirements. If your income is unstable or low, you may be at risk of non-repayable in the light of a small amount。

Finally, the discrepancy between the information submitted on loans and the actual situation may also be a cause. When applying for a small loan, you need to provide real personal information, and if the information submitted does not match the actual situation, the application will naturally be rejected。