Why was the installment application rejected?
Why was your installment request rejected? A detailed explanation of possible reasons
You may encounter many reasons for your installment request being rejected through platforms such as Tamara or Tabby.
Here is a detailed explanation of the most common reasons:
Reasons related to your bank card:
- Non-activation for online purchases: Your card may not be activated for online purchases.
- Lack of balance: You must have sufficient balance on the card to cover the value of the installment purchase.
- Prepaid card: Some companies prefer not to accept this type of card.
- Card suspension: The bank may have temporarily suspended the card for security or other reasons.
Reasons related to your financial situation:
- Financial defaults: Having overdue debts or a bad credit history may affect the acceptance of your request.
- Exceeding the maximum installment limit: The amount you wish to split may be greater than the permitted limit.
Reasons related to company policies:
- Program rejection Risks: Companies use analytical programs to assess the risks associated with each installment transaction,and your request may be rejected based on the results of this analysis.
- Other reasons: Incomplete data: Make sure the data you entered when submitting the application is correct and complete.
- Technical problem: You may encounter a temporary technical problem in the system.
Why is it important to know the reason?
Knowing the exact reason for your application rejection can help you:
- Find a solution: You may be able to solve the problem and submit a new application.
- Avoid mistakes in the future: You can avoid repeating the same mistakes in your upcoming applications.
How do you know the exact reason?
- Contact customer service: Call Tamara at 8001240441 or Tabby at 8001110999 to inquire about the reason for the rejection.
- Review the terms of use: Make sure you understand the terms of use for each company.