Why was I not approved?

We review loan applications automatically using a system that checks different reasons, boss. Because the decision is based on many reasons combined, we can’t point to just one exact reason why an application was not approved.

Here are the main reasons we look at:

• Correct and complete information in your application

• Past credit history, not only with Skyro, but also with other companies, including loan repayments and any late payments

• Existing loans compared to your income, to check if the new loan will be manageable

• If we’re unable to contact you or your references to confirm your application details

Based on these and other reasons, we try to estimate how likely it is that the loan will be repaid on time.

The good news: You can always apply again in the future, boss.

Even if your application wasn’t approved now, approval may still be possible later if:

• Your information or financial situation changes

• Our system is able to approve more applications