Why was I declined?

There could be a few reasons why your application wasn’t successful this time around however here are some of the most common reasons.

If you have other loans that you aren’t currently paying well. You withdraw all of your income from your account on the same day you get paid and not leaving enough in for your direct debits. Or your recent credit is particularly poor e.g. you are currently bankrupt or in a part 9 debt agreement.

If you want some tips on how you may be approved next time, feel free to get in contact with us today and call 1300 34 62 62 or email info@cityfinance.com.au