In the online loan industry, commercial banks have many online loan products. However, it is much more difficult to apply for online loan products from commercial banks. Many friends were ruthlessly rejected when they applied for Puyin’s point loan. So, what is the reason why Pudong Bank’s point loan application failed? Let’s take a look with the editor.

What is the reason why Pudong Development Bank’s Puyin Dial Loan was rejected?

1. Poor credit report

Puyin Dial Loan is a pure credit loan product. Borrowers have high credit requirements. If there are stains on the borrower's credit record, the application for a Pudong Bank point loan will be unsuccessful.

2 Identity does not match

Puyin Diandai only lends money to residents of the People’s Republic of China and the People’s Republic of China between the ages of 18 (inclusive) and 60 (inclusive), and Cannot be a person related to Shanghai Pudong Development Bank. If these conditions are not met, the application will fail.

3. Insufficient repayment ability

Puyin Diandai has requirements for the borrower’s repayment ability. Unstable income, excessive debt, etc. will lead to failure in applying for Puyin Dial Loan.

4. Poor answers to questions

When applying for a Pudong Bank of China point loan, everyone needs to answer yes or no questions. If the answers to the questions you give are not good and do not meet the loan requirements, it will also lead to the failure of the SPDB point loan application.

5. High debt ratio

Pudiandai requires the borrower’s current credit loan number to be no more than 3, the amount is no more than 1 million, and the borrower’s average credit card income in the past six months is also required. The rate does not exceed 70% of the total amount. Failure to meet any of the conditions will result in loan rejection.

6. Does not meet the policy requirements of Pudian Loan

The Pudian Loan products launched by Shanghai Pudong Development Bank are issued to employees of high-quality units such as state-owned enterprises, central enterprises, Fortune 500 companies, public institutions, and listed companies. , the borrower is required to pay a provident fund base of more than 8,000 yuan before applying for loan approval. Failure to meet the conditions will also lead to loan rejection.

7. Bad big data

Bad big data, current lawsuits, loan disputes in the past, and criminal records in the past may lead to applying for a Pudian loan from Shanghai Pudong Development Bank Denied loan.

The above are some common reasons why Puyin’s point loan is rejected. You can pay attention to them.