Factors related to your financial status and credit history are among the common reasons why loan applications are rejected.
At Salmon, we conduct a meticulous assessment of each application to uphold responsible lending practices, with the goal of safeguarding both the applicant and our institution. Every element of your application is vital in our decision-making process as we aim to ensure that you can comfortably manage loan repayment while maintaining financial stability and adhering to responsible lending principles.
What can I do to increase my approval chances for my next application?
To increase your chances for loan approval next time, make sure to provide accurate and detailed information in your application, maintaining honesty throughout.
Use a mobile number and email that are exclusively yours and actively in use. Additionally, stay vigilant about monitoring your credit history.