Denied Loan Due to Low Credit Score Here’s what you can do to get next time
                     Denied Loan Due to Low Credit Score? 
Here’s what you can do to get next 
time
Maintaining a good credit score is vital to get your 
loan or credit card sanctioned from the lender. 
However, most of the people are unaware about 
their credit score and apply for a credit card or 
loan. When the financial institutions decline their 
loan and credit card applications, they feel 
frustrated as they don’t know what to do about it 
particularly when they are in a dire need of funds.
Improve Your Credit Score
• Pay credit card bills and loans on time
• Settle down past credit defaults
• Increase your credit card limit
• Avoid being a guarantor to anyone
• Get errors in your credit report corrected 
immediately
• Don’t make unnecessary loan enquiries
• Don’t over utilize your credit limit
Try One of these Options to Get a Loan 
Approved
If you are married and your spouse 
is working and have a good credit 
score too, then you can apply for a 
loan along with your spouse. It will 
improve the chances of getting your 
loan approved many times. On the 
flip side, if you fail to make time 
payment of EMIs, then the credit 
score of both of you will plummet. 
Seek Loan from NBFCs
• NBFCs refers to Non-Banking 
Financial Institutions. They do 
not have a banking license but 
they provide loans. As 
compared to banks, NBFCs are 
flexible with credit score but 
charge higher interest rates. 
Peer to Peer Lending
• To keep a tab on your latest credit 
score, you can request your credit 
report from one of the three top 
credit bureaus i.e. Equifax, Experian 
and TransUnion CIBIL or you can 
register with Clix Capital that offers 
free credit score check service. 
Clix Capital Services Pvt. Ltd.
Address: 
901b, 9th Floor, Two Horizon Centre, DLF Phase V
Gurgaon, Haryana, India – 122002
Phone Number: 1800 200 9898
Website: https://www.clix.capital/check-credit-score