Respuesta :
The most likely to cause a lender to deny credit is "Missed payments on revolving credit"
What is meant by denied credit?
An application for credit is denied when a lender does so. People who miss, postpone, or completely ignore their debt obligations frequently experience credit refusal.
Following are some reasons for the denied credits-
- Lenders may refuse to grant you credit as a result of some anomalies on your credit report.
- A credit application may be rejected if you provided false information on the profession, prior credit record, address, or any other factor.
- A steady job typically translates into a steady income, and lenders are more confident that you will be able to repay them if you have a steady income.
- Creditors will decline your request for credit if they see that your income is insufficient to cover your debts.
- Lenders will be reluctant to approve a loan if you have a bankruptcy of your credit report since it increases the risk involved.
To know more about denied credits, here
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