Why was my application declined?

The Loan Application to PaySense can be declined for a variety of reasons. Some of the major areas we check are

1. Monthly capacity for repayments
2. Current obligations in terms of other loans or expenses
3. Credit History
4. Valid Loan Documents
5. Valid Employment and Salary Details

There are thousands of other parameters that are taken into consideration while calculating the eligibility of our customers. If we are unable to successfully establish the eligibility for a customer, they will be declined for a period of 60 days after which they may reapply again.