Approval Factors

What We Review

1. Credit History
   • We conduct a soft credit inquiry during the application process, which doesn’t impact your credit score. Factors like low credit scores, limited credit history, or recent delinquencies may impact approval.
2. Debt-to-Income Ratio
   • Your current financial obligations relative to your income are considered during the approval process.
3. Insufficient Information
   • Missing or incomplete application details can also lead to a decline. Double-check that all information you’ve provided is accurate and complete.

What Can I Do If I’m Not Approved?

• Review Your Credit Report: Obtain a free copy of your credit report from major credit bureaus to check for any inaccuracies or areas for improvement.
• Improve Your Credit Profile: Paying down existing debt, making timely payments, and avoiding new credit inquiries can strengthen your creditworthiness over time.
• Reapply Later: If your financial situation improves or your credit score increases, you may reapply 30 after a denied application.