Unveiling the Leading 8 Causes of Loan Decline Despite a Positive CIBIL Score

Despite a strong credit score, loan rejections can occur due to factors beyond it, such as excessive debt, loan defaults, employment instability, previous rejections, red flags in credit reports, and inappropriate loan types. Regular monitoring and understanding lender criteria are vital for improving creditworthiness.

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https://www.investkraft.com/blog/reasons-for-loan-rejection-with-good-cibil-score