Why might an application be declined?
Income, existing commitments, repayment history and each institution's criteria can all affect an application. A previous rejection does not explain every detail on its own.
GUIDES & INSIGHTS ↗
Understand before
you apply.
What is DSR?
Debt service ratio compares monthly debt commitments with income. Institutions may calculate and assess it differently, so an estimate is only a starting point.
What about credit records?
Review your credit information through the relevant reporting agency or institution. Any corrections must be handled by the appropriate reporting party.