5 secrets to mortgages that most people never know
Have you ever wondered why is it difficult to get approval when applying for a loan? Moreover, the more you apply was often rejected more, although well prepared. Today, SCB come up with 5 tips to help increase your chances of getting a loan. Like most people never knew
Should not ask for credit more than 1 time per month. Because it will create a signal to the bank that you should have a serious problem. Therefore, keep applying often, people can misunderstand. And may think that although often requested should be nothing in case there is a chance that they will be approved. But your application information will be saved and will adversely affect future loans.
If receiving a loan decline Allow at least 3 months to wait and then apply again. Because if applying for a new one immediately, the information used to calculate points for the loan will remain the same which means that it will be rejected again anyway. Just wait patiently until you have less debt and more income. The score will be better. The chances that your loan application will be approved will be even higher.
If your income is not more than 30,000 baht per month, you can request a loan of no more than 1.5 times your income. And can request a total of no more than 3 banks or financial institutions. But if the income is more than 30,000 baht per month, the loan can be applied for no more than 5 times the income only. Therefore, check your limit carefully. So that it will not be rejected continuously Because the credit limit is full or exceeds the limit that can be requested
Your current total debt should not exceed 30% of your monthly income, in order to have a higher chance of getting a loan. The percentage of total debt is a signal that what is your actual ability to pay? Money is too tight for the hand, so there is no more money to pay and turn the money or not. Is there a risk of wrong repayment of debt?
Business owners will have more chances for approval. Just receive money via digital channels such as PromptPay, transfer money via QR code and various card machines. Because it will make the bank see that you really have the business. There is clearly money in and out of current accounts. This will increase your chances of getting approved more than just cash.