There are certain times or situations in life where you need to resort to a bank loan. There are many occasions to get a loan, either to solve an extreme case or to realize a dream.
In general, it is one of the most sought after ways to get a credit and a better option in relation to, for example, overdraft.
The personal loan is also considered easily accessible, will it?
What counts in the hour of need is to be able to obtain this loan which, to the surprise of many, is denied by the financial institutions.
“But why can not I borrow?” We have gathered here the main information collected from financial institutions to make life easier, eliminating possible doubts.
Why can not I borrow? See the reasons
Why can not I borrow? – 9 main reasons
Being over 18 and having an account at a bank is a basic condition for applying for a loan, but it is far from the only one.
Failure to approve a personal loan can have one or several reasons, as you can see below.
To begin with, every financial institution evaluates the loan application with a score that differs from the client who is more likely to pay for it from that client who is at greater risk of not repaying the loan.
This score, which is known as a score , takes personal information into account and uses its own statistics for the bank to determine whether or not to grant the requested loan.
In fact, the criteria used by financial institutions are strategic and even confidential, after all they are part of the performance of each one.
But there are contents that already give clues to what has weight in this analysis, in fact, there is information that dictate the direction of the approval or not of the loan. Check out!
CPF indicating debt to be paid
When a bank identifies a negative CPF, the signal is already red. So, you know, if there is already a debt to be paid, there is a good chance that the loan application will be refused until the debt is settled.
Important: this scenario is also conducive to applying very high interest rates if any bank accepts the loan knowing this condition previously.
+ What is active debt?
Wrong personal information
A detail can compromise the loan: providing incorrect or outdated information in the request, such as RG, CPF, home address, and other data.
One thing to keep in mind: When applying for a personal loan, never use other people’s information, even if you are a first-degree relative.
History of payment history
Nothing like a good payment history to facilitate the granting of the loan.
This is one of the most important items evaluated by banks and is also directly related to the interest rate that the financial institution will apply.
A consumer who does not delay payment of their bills and who does not negotiate debts will have much chance of getting the green light for the loan.
When the consumer makes an agreement with a financial institution to pay off a debt, for example, the bank often negotiates, granting a large discount.
This simple act can lead to negative consequences in the future, as the bank will always “remember” the loss it had. This will prevent this from happening in new opportunities.
Conclusion: those who have in the curriculum the use of credit are targets of careful evaluation, because the banks analyze if the consumer has the habit of delaying the payment. That is, those who apply for a personal loan and are negative have a much smaller range of institutions offering credit.
Proof of ability to pay
The rule here is simple. The one who proves the ability to pay the amount received on the loan will have a greater chance of winning it.
In general, the account is also simple in this case. Banks assess whether the value of each portion of the loan does not exceed 15% of the consumer’s gain. When you reach this percentage, chances are good!
The hint has already been given in the above item, ie when the loan exceeds 15% increase the chances of being denied.
Another detail that makes a difference is the life of the loan: when the period is long there are chances of not being released.
For, the economic scenario of Brazil has an influence on the dynamics of loans practiced by the banks.
When the economy is not well, it is possible for financial institutions to opt for less lending, lessening the risk they may incur.
Imagine if there is a chance that default would increase because, for example, unemployment? You do not even need to talk, right?
And when real estate are used as collateral for loans and have falling prices in the real estate market? More restriction on lending.
Lack of guarantees
There are banks that take collateral into account, even if the consumer’s income is sufficient to repay the loan. In such situations, real estate counts a lot.
Are you working? Are you single or married? Yes, this information influences the release or not of the loan.
Did you know that even divorced people have in many cases restricted the loan?
This is because in general they have a loss of income due to separation, and the banks understand that because of this financial problems can occur.
There are also the cases of those who have indefinite income, self-employed professionals or even those who receive salary based on commissions. Yes, they may all have more difficulty getting the loan.
But public sector professionals, who have more job stability, are more likely to get the loan.
Ugh, there are reasons for banks to refuse personal loans. But know that every consumer has the right to know what leads the financial institution to go ahead with the refusal.
In addition to having access to this information, the consumer can even appeal to defense agencies and lawyers if they come across a bank that refuses to respond.
This is a right that the consumer has, because knowing what the problem he has the chance to solve the pending.