Not sure why your loan application has been rejected?

If you have recently applied for any kind of finance in a mainstream bank and had it rejected, you may feel disheartened and want to know why.

Often, banks don’t go into detail about why they have rejected your application, but sometimes might say that the decision was made after a check on your credit file.

If this is the case, it may be because you have a poor credit history. You can check your credit file through credit experts, and find out what banks are seeing.

If your credit file is weak, then you might want to apply for specialist finance available for people with bad credit. For example, you can apply for bad credit loans or payday loans despite your bad credit history. There are also options available for mortgages, bank accounts and more.