Cause Of Your Motorcycle Credit Application Rejected: Before Submission, Must Read!

Illustration (Photo: Doc. Antara)

YOGYAKARTA - Currently, access to get a vehicle is so much, this is because of the presence of credit facilities from leasing companies. However, the process of applying for vehicle credit is not as easy as we thought, you know! There are several reasons why motorcycle credit applications are rejected, and you must know before applying for credit to leasing.

In fact, the application submission process is very easy and fast, especially in less than a week new motorbikes have been able to stick on the terrace of the house. Even so, some people even fail to experience credit facilities. The main goal of the leasing industry is to facilitate consumers' willingness to buy their ideal motorbikes on credit. However, there are several mandatory requirements that must be met before experiencing these credit facilities. Unfortunately, the refusal to apply is often due to the inability of potential consumers to fulfill these important points.

1. Income Is Considered Not Ideal

The leasing party has the right to refuse proposals for motorcycle credit if the income is insufficient. They have an analyst team that calculates the income and expenditure of prospective consumers in detail. If the number of the two posts is almost the same amount, then application submissions are immediately rejected.

In the credit analysis system, it is known that the term analysis is 5 C, one of which is capacity analysis in terms of income feasibility. Income from income, other income compared to routine expenses is expected to have a difference in paying installments.

Ideally, it can use one formula that is often used by the survey team, namely the amount of installments must be a maximum of a third of the total routine income. Many people are trying to exaggerate their side income with the aim of having the ability to pay installments.

Therefore, prospective consumers are required to calculate the amount of income and expenditure before applying for a motorcycle loan. Do not allow the nominal amount of expenditure to be almost the same as income, later it will become a strong reason for the leasing party to refuse application submissions.

2. Included in Blacklist List

Don't expect to apply for motorcycle credit in the leasing industry if the name has been blacklisted or blacklisted. This problem often takes place for consumers who have had motorcycle loans and put a track record that is not good in paying installments, whether it is always late in paying, not for months and the motorbike is forcibly pulled by the leasing.

In the leasing world, there is a black list of leasing companies and Black List BI Checking. The name "Blacklist Bank" which is common in the public actually refers to problematic debtor data in the Bank Indonesia Debtor Information System (SID).

SID is a system that collects information about financing facilities (credit) which is reported regularly every month by financial institutions participating in SID, including Commercial Banks, to Bank Indonesia as a monetary regulator and payment system in Indonesia.

The integrated system allows a bank to know if there are credit arrears in other banks that apply for credit in their place. Create vehicle credit problems in finance companies (leasing) generally only use black list data between finance companies.

Names with poor track records are confirmed to fail in total. Therefore, always maintain a good name in front of the leasing party by paying installments on time every month. Strive not to take additional motorcycle loans if you are unable to fulfill monthly obligations which instead lead to damage to the good name and enter the blacklist.

3. Undercomplete Requirements and Prospective Consumers Difficult To Contact

The leasing party needs the personal data of prospective consumers, thus requiring the provision of photocopies of ID cards and family cards. In certain circumstances, prospective consumers are also asked for a number of additional data such as work certificates, proof of house ownership, domicile certificates to divorce or death certificates.

Credit problems being rejected can also be caused by the applicant being difficult to contact. If you apply for electronic credit, then make sure your telephone number is on stand by and easy to contact from the leasing party.

If the applicant is difficult to contact by the leasing party, the submission process will be slow and difficult to process further.

The leasing company can assume that when applying for credit alone it is difficult to contact, especially if there has been disbursement later.

If the requirements for personal data are incomplete, especially if you are difficult to contact, the greater the chance of rejection of the motorcycle credit application. Therefore, try to fulfill the requirements from the leasing party, including additional information. Generally, additional information only needs about 1-2 documents, depending on the need.

4. No Good Intention Of Alias Lacks Cooperative During The Survey Process

Prospective consumers are rejected by leasing because there is no good intention to cooperate or cooperate during the survey process. There are 2 main things that are the main considerations, namely:

Keep in mind, the key to survey success can also be determined from the results of your environmental survey.

If you are kind to your neighbors, the survey results will be positive and if you have a bad character, then the environment around your house will also report negative things. This is because there is an obligation from the surveyor to check the character of prospective consumers to the surrounding environment.

On the other hand, we have also made a key so that your Loan Application is approved by the Bank, hopefully it will be useful!

So after knowing the cause of the motorcycle credit application being rejected, see other interesting news on VOI.ID, it's time to revolutionize news!