The Bank Said No — What Now?

Being declined does not automatically mean no options exist.

Looking for solution?

Being declined does not automatically mean no options exist. Different lenders assess risk differently.

Common Credit Issues

CCJs

County Court Judgments can affect lender appetite, particularly if recent or unsatisfied.

Defaults

Defaults on credit commitments can impact automated scoring.

Satisfied IVA

An Individual Voluntary Arrangement may not automatically prevent approval once satisfied.

Debt Management Plans

Active or historic Debt Management Plans are assessed on a case-by-case basis.

Missed Payments

Recent missed payments on secured or unsecured credit may trigger automated declines.

Payday Loan History

Some lenders automatically decline applications with recent payday loan usage.

Different Lenders Assess Risk Differently