Applying for a personal loan and getting declined can be discouraging — but it’s not the end of the road. At EasyFin, we help our clients understand why rejections happen and how to improve their chances next time.
Here are 5 key ways to increase your approval odds:
- Check Your Credit Record
Before applying, check your credit score through a free credit bureau service. A clean record with no unpaid accounts gives you a better chance of approval. - Keep a Stable Income
Lenders want to see consistent income. If you’ve recently changed jobs, try to wait until you’ve been employed for at least 3 months before applying. - Don’t Borrow More Than You Can Afford
Lenders assess your debt-to-income ratio — if you already have too many repayments, your application might be declined. Keep your current debt manageable. - Submit All Required Documents
Missing documents = delayed or declined application. Be sure to include:
Your SA ID
3 months’ bank statements
3 recent payslips
Proof of address
- Apply with a Registered Credit Provider
This is key. A registered provider like EasyFin offers legal, ethical, and fair loan options — with full transparency and tailored terms.
EasyFin: Here to Help, Locally
We have branches in:
Worcester, De Doorns, Villiersdorp, Caledon, Gansbaai, Bredasdorp, Ceres, Prince Alfred Hamlet, Wellington, Paarl, Strand, Somerset West, Wolseley, Robertson
You can apply online or visit a nearby branch — we’re ready to help you get loan-ready.