Why is my loan application unable to be processed?

In light of the ongoing situation regarding COVID-19, responsible lending is now more important than ever. 

 

We have carefully reviewed the information you provided, but unfortunately you do not meet the more stringent lending criteria that we have put in place at this time due to the challenging economic environment.

 

Can I apply again? 

 

If your application has not been approved, this does not mean you will not be approved in the future. You are more than welcome to submit another application at another time. We suggest you try again in the coming months or closer to the start date of your course. 

 

We thank you for taking the time to apply and we would welcome your application again at a later date.