Why was my loan not approved?

Answer

If your loan application was not approved, it may be due to one or more of the following common reasons: 1) Lender’s Overall Assessment: Each lender uses its own evaluation model to review your financial profile and repayment ability.2) Credit History & Score: Your credit report and score play a key role, as they reflect your past borrowing and repayment behavior.3) Current Debt Situation: Existing loans or credit lines may impact your eligibility for new credit. However, Loan approval decisions are made solely by the lending institution based on their internal assessment, Snack Video does not have access to approval criteria or decision details.

Last updated: May 25, 2026

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