What Are Decline Codes? Reasons Why A Customer's Card Is Declined – Most decline codes come with some explanation. If you’re still confused about why your customer’s payment was declined, check with your credit card processor. Generally, the decline code you receive through your credit card processing company is the actual response from the customer’s issuing bank.

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Top 10 reasons banks won't loan money to your business – The. – There are a variety of reasons why banks are declining loan requests from small business owners. We’ve broken down the top 10 reasons, followed by some thoughts on why these reasons don’t apply to.

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We take you through some of the most common reasons why a lender may have decided not to work with you. 1. You have too many existing payday loans. When you apply for a payday loan, lenders want to determine whether you can afford the loan, so as part of your application they will look at your current financial situation.

[Responded] LOAN DECLINED WITHOUT EXPLANATION (African Bank. – My husband has been a loyal customers for a while and he recommended I approach African Bank for a loan but I utterly regret it. I have an excellent credit record. The system could see that which is why I qualified for a good loan which I can afford and yet I have been turned away twice by African Bank with no valid reasons.

5 reasons lenders can withhold loan disbursement after. – While a loan sanction letter is a significant milestone, it is by no means the final word on loan disbursement. Here are the top five reasons why banks may withhold or cancel your home loan after.

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