No one likes being rejected for a loan, but there are steps that you can take to deal with this setback. We reveal how to move forward after a loan rejection and how becoming a wiser borrower can improve your chances of being successful.
First, we need to understand why personal loan applications are rejected.
Loan applications are frequently rejected because the credit score of the borrower is assessed as low.
Read our article on what is credit and why it matters to better understand this.
Discover more here
What our members are saying
"Wow, that’s so quick and very efficient, we really do have a wonderful CU team 😊"
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"I am dyspraxic and GMB are excellent at making things user-friendly for someone like me who struggles with forms and processes. Thank you."
"Excellent service 🙏"
"Perfect. I really can’t thank you enough. This has genuinely lifted a huge weight off my shoulders. Thank you. Keep well and safe."
"Brilliant. Great service. Thanks again"
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We offer highly competitive interest rates on savings & loans and have lent over £60 million to GMB members
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As a Credit Union we really are all in this together. We are focused on the financial well-being of members
Fast & Fair
GMB Credit union offers fast, fair and flexible loans which treat members as individuals
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