Denied personal loan, what do i do?

C

Cathy_me

New Member
I was denied a personal loan, that I really need and now I don't know what to do :(
I found out today, I'm still kinda shocked, how is this even possible? We live in times where everyone, even with bad or no credit at all, gets approved : What do I do??
 
Well, the first thing you should ask yourself is why did the bank turn you down? Thing is, sometimes, the reasons why you were denied the loan are "correctable". For instance, is your credit score good, but the reason was "bad credit score"? In that case, you'd have to carefully go over your report and see if anyone made any mistakes!
 
Where did you get denied? That matters alot. Requirements can vary alot between lenders, and even from time to time. So trying another lender might not be wrong.
 
There are many reasons for loan denied. Like, Error in your credit file, limited credit history, missing of the document, not match basic requirement. Ask for the reason I am sure they will have a valid reason.
 
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