If you decline my application, what is the reason?

In addition to credit scoring, Novuna also takes into account confirmation of your identity, validation of  certain application details, existing commitments and information held at the credit reference  agencies. Though Novuna is unable to provide you with a main reason for declining your application,  it is usually based on one, or a combination of the following: 

∙ Your credit score (please note that every finance company will score you differently) ∙ Adverse credit reference agency information 

∙ You are considered to be overcommitted 

∙ You are aged under 18 

∙ Your existing account performance with other lenders