Refused a Loan

If you have been refused a loan, you will know how hard it can be to accept.

Check your Credit Score online if Refused a Loan

Why were you turned down or refused a loan?

Was it due to a poor credit score?


Would you like to know why you were refused a loan?

It can be due to incorrect information being held on file. Let Larry help you find out why you were turned down for or refused a loan or credit card application.

Larry the Loan Broker can help you find all the main credit reference agencies to find out what is held on file about you and help you work out why you are being refused loans or credit.

Once we know what the problem is and why you have been refsued a loan we can then find a solution, tailored exactly to your personal situation.

If you wish to find out what is held on your credit file, you can start by checking on the credit reference agency sites to see how to go about it.

Find out why you have been refused a loan!

There are two main credit reference agencies in the UK.

  • Experian
  • Equifax Plc

 Equifax and Experian both allow you to order your credit reports online.

Refused a Loan

It is possible to damage your credit rating or certainly mark it down by making multiple applications for credit when previously refused a loan.

If lenders see many refused or failed applications in a short period of time, it can make it less likely for you to obtain the finance or loan.

Contact Larry the Loan Broker today in confidence for advice and help if refused loans in the UK, call 0800 118 2345, lines are open 24 hours a day 7 days a week and your call is free.


Lenders turn down millions of applications every year. If you are one of the unlucky ones, you should be given an explanation. If not, ask for some guidance.For example, you may appear to be carrying too much debt from other sources or your credit report rang alarm bells, perhaps because you had missed some payments on a previous loan. It may simply be that you do not fit the lender’s profile for a particular loan.

To see the information lenders see, view your credit report online now for free with CreditExpert, the credit monitoring service from Experian.

To view your credit report online click here

You can always appeal against the decision. This may give you chance to provide further information. For example, your poor credit record may stem from a one-off event that no longer applies, such as a serious illness or enforced redundancy.

Finally, there’s nothing to prevent you applying to another company. Different lenders may take a different view. But be careful how many applications for credit you make in the short term.

If you allow a significant number of companies to search your credit report, this could damage your credit rating as it could be interpreted to mean that you are desperate for money or possibly that someone is trying to commit fraud.

It is always sensible to check your credit report before making any further applications. That way, you can be sure that the information in it is up to date and correctly reflects your circumstances.

You can view your Experian credit report (which lenders are currently basing their credit decisions on), for FREE.

Click here for your free Experian credit report