Loan refused

[Suziemur]

Hi just wondering my partner got refused a loan because the ccr report. His credit history has been good as he got hp for a car last year. Never missed a payment .can a bank use ccr as an excuse not to give a loan and is CCR the same report as ICB. Sorry if questions seems silly but just curious to know.thanks

 

[deanpark]

Get his report yourselves and check whats the issue first-hand?

 

[deanpark]

CCR not ICB. Believe ICB gone or being phased out.

 

[Brendan Burgess]

His credit history has been good as he got hp for a car last year.

That was last year.

Check the report. It could be wrong.

Or the HP standards could be different.

Or maybe it's because he has a big HP agreement that they think he is overborrowed.

Brendan

 

[Suziemur]

Thanks will send off for a report