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Why do Loans get Rejected?

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Faircent
from Gurgaon |

It is common knowledge that Personal Loans can be availed to tide over an immediate requirement for funds and can be used for a variety of reasons from providing financial support in case of a medical emergency to taking a vacation. what say? why do loans get rejected?

Edited
Reason: text change

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Amit Pattnaik
from New Delhi |

Hello Faircent Smile Welcome to Indiblogger. Hopefully you will make good connections with fellow bloggers here.

However let me apprise you of one particular Indiblogger Forum rule -- one is not allowed to share hotlinks of his/her article in the forum, that will be construed as SSP (Shameless Self Promotion).  I guess since you are new here, you were not aware of this rule. I will in fact suggest you to take some time and go through the forum rules here.