Loan requests are usually rejected cause of the following reasons:
- Rescheduled amortized loan plan
- If you have a rescheduled amortized loan plan, this would have to be settled first before requesting a new loan
- With pending outstanding balance for cheque deposit/payment posting
- Once your payment has been posted (next business day at noontime), that's when you can re-loan again
- With credit check
- For corporations: incomplete or no Secretary's Certificate submitted