The financial advisor mentioned the reasons for refusing to receive a loan with high incomes

The high debt burden of the client and non-compliance with the requirements on the part of the bank can lead to a refusal to issue a loan even to financially secure people. This was announced on February 6 by Maria Ermilova, International Financial Advisor, Associate Professor of the Department of Finance for Sustainable Development at Plekhanov Russian University of Economics.

There are other reasons: restrictions on banking policy, problems with credit history, as well as insufficient income, even if the client considers it quite high.

"In order to increase the chances of loan approval, it is recommended to make a preliminary calculation of the debt burden indicator and try to reduce it by closing existing loans or credit cards. Provide complete and accurate information about your income and expenses," Ermilova told the Prime news agency.

The news is being updated