Why can t I borrow all my online loans if they are not overdue?

Never overdue online loans have been rejected, probably because of credit reporting and debt ratio.

It is too high, there are long loans, etc., which will lead to the rejection of each online loan. Although applying for an online loan requires a good credit report, the information in the credit report is not only an overdue record, and the online lending institution can also inquire about other relevant information from the credit report.

Therefore, if there is no overdue record in the credit report, the application for an online loan will still be rejected, mainly because the user does not meet the application conditions for the online loan.

Extended Information: Online Loan Application Requirements:

1. The online loan will require the applicant to be at least 18 years old and have full civil capacity.

Moreover, many online loans are not allowed to be applied for by current students.

2. Sesame Credit: Many online loans require the authorization of Sesame Credit, so online loans require the applicant's Sesame Credit to be good, but the loan products are different, and the Sesame Credit score is different.

The standard requirements are also different. Generally, the applicant needs to reach about five or six hundred points.

3. Personal credit: Some online loans need to be checked for credit, and some do not, but in general, the applicant's personal credit is still required.

4. Other conditions: Online loans basically require mobile phone numbers and bank cards. Especially for mobile phone numbers, online loans will require applicants to have real-name authentication that has been used for 3 months or more than 6 months.

mobile phone number. If the repayment of the online loan is overdue, it will cause the following adverse consequences:

1.Penalty interest will be charged from the day of overdue until the customer pays off in full. The penalty interest rate of many loan platforms will rise compared with the borrowing interest rate, and if the customer has been in arrears, I am afraid that a lot of penalty interest will be generated, and the customer will have to repay more and more, and the repayment pressure will be increasing.

2.The loan platform will report the overdue situation to the big data, leaving a bad record in it. Some platforms or their cooperative lenders have access to the central bank.

Credit information, may also report the overdue situation to the central bank credit report, in the customer's personal credit report.

Freeze the quota so that customers can no longer borrow. At the same time, because the credit is damaged, customers will most likely be hindered from borrowing from other lending institutions, platforms or banks, after all, the other party will also check the customer's credit status when approving the loan, and once a problem is found, it will naturally refuse to approve the loan.

The reasons why all online loans cannot be borrowed due to overdue loans may be as follows:

1. Credit evaluation: Online lending platforms usually conduct credit evaluation of borrowers, including personal credit history, income, debt burden, etc. If the borrower's credit assessment results do not meet the requirements of the platform, it may result in the inability to borrow the full amount.

2. Risk control: In order to reduce risks, online lending platforms may impose restrictions on the borrower's borrowing amount. If the borrower's borrowing needs exceed the platform's risk tolerance, the platform may decline the loan or lend only part of the amount.

3. Repayment ability: The online lending platform will evaluate the borrower's repayment ability, including income, debt burden, etc. If the borrower's repayment ability is insufficient to support the repayment of the entire borrowed amount, the platform may limit the borrowed amount.

4. Purpose of borrowing: Some online lending platforms have restrictions on the purpose of borrowing, such as only for specific fields such as consumption and education. If the borrower's purpose of borrowing does not comply with the platform's regulations, it may result in the inability to borrow the full amount.

To sum up, the failure to borrow all online loans without overdue loans may be due to credit assessment, risk control, repayment ability or purpose of borrowing. If you want to borrow the full amount, it is recommended that you improve your credit rating, increase your repayment ability, and choose a platform that meets the purpose of borrowing.

Provide a more comprehensive credit profile. It is recommended that you check your credit status through "Puxin Check" before taking out a loan, so as to better plan your personal finances and be fully prepared for your financial planning.

1. Income is not good.

As the most important information for applying for loans, income is the key to ensuring the ability to repay, so online loans will judge whether to give the amount according to the borrower's income.

2. Poor credit.

Some users always think that credit has nothing to do with it, and the occasional one or two overdue times have little impact, in fact, overdue can reflect two aspects of the problem, one is poor financial condition, and the capital turnover will not be overdue. The other is that the integrity is not good, there is no awareness of repayment on time, and the habit is overdue.

3. Liabilities. Even if it is not overdue, but the current debt ratio is too high, it will also lead to the failure of the online loan, because a person's income is limited, and if he is still burdened with debts in addition to normal expenses, then there is not much money available for repayment, so institutions are generally reluctant to give borrowers with high debt ratios too high a limit.

The online loan has not been overdue, but the loan cannot be borrowed, which may be due to other reasons. For example, the user's recent loan information has changed, but it has not been updated in time. Or there is a situation where there is a long loan, although it is not overdue, but the personal debt ratio is high.

In addition, the review standards of each online loan product are different, and the fact that you can borrow this one does not mean that you can borrow all online loans.

All in all, users should apply for online loans according to their repayment ability, otherwise there will be a risk of overdue.

1. Income is not up to standard: Income is the most important loan application material and the key to ensuring the ability to repay, so the online loan will determine whether the amount can be granted according to the borrower's income. However, online loans usually do not inquire about bank statements and do not have this authority, so the income is only a reference, combined with the rest of the information to determine comprehensively.

2. Excessive debt: Even if it is not overdue, but if the debt ratio is too high today, it will also cause the online loan to fail, because a person's income is limited, in addition to normal expenses, if you are still in debt, then there is not much money available for repayment, so institutions are usually reluctant to give borrowers with high debt ratios too high a limit;

3. The comprehensive score is too low: Each online loan platform has a set of risk control system, which will carry out a comprehensive evaluation based on the application materials submitted by the customer, through historical borrowing and repayment records, performance, etc., if the account activity is too low, the latter is always repaid in advance after borrowing money before, and the score of each item is reduced, and the total score will undoubtedly be insufficient.

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Summary. Hello, very happy for your question, even if the online loan is not overdue, but it does not mean that the online loan has been passed, there are usually the following reasons, the first reason is that you have too many online loans, the online loan company will reject your loan considering your ability to repay, the second reason is that you have no fixed job, no fixed income, the online loan bank is afraid that you will not be able to repay the loan in the future, so refuse, the third reason is that the amount of your online loan application is too high, usually the high amount of loan review will be more cautious, often fail.

I've never had any overdue. Why can't I get my online loan?

Hello, very happy for your question, even if the online loan is not overdue, but it does not mean that the online loan has been passed, there are usually the following reasons, the first reason is that you have too many online loans, the online loan company will reject your loan considering your ability to repay, the second reason is that you have no fixed job, no fixed income, the online loan bank is afraid that you will not be able to repay the loan in the future, so refuse, the third reason is that the amount of your online loan application is too high, usually the high amount of loan review will be more cautious, often fail.

Oh, got it.

If you can't get a loan this time, how can you change it next time to get a loan smoothly?

Hello, it is recommended that you do not apply for a loan for the time being, and wait for half a year to recover the credit before applying for a loan, and it will be easy to apply successfully.

Legal analysis: The borrower is generally unable to borrow again if the online loan is overdue. At present, many loan companies have big data background support, even if the lending institution is not on the credit information, it will also prompt the borrower's past borrowing and repayment records when entering the information, if there is an online loan overdue and no repayment, it is likely to be judged as bad credit and unable to apply for other loans.

Legal basis: "Regulations of the People's Republic of China on the Administration of the Credit Reporting Industry" Article 27: The state is to establish a basic financial credit information database to provide relevant information services for preventing financial risks and promoting the development of the financial industry. Basic Financial Credit Information databases are to be established, operated, and maintained by professional operating bodies.

The operating body is not for profit, and is to be supervised and managed by the department for the supervision and management of the credit reporting industry.