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Why has my student been declined for finance?
Why has my student been declined for finance?
Mana avatar
Written by Mana
Updated over a week ago

The most common reasons for an application not being approved are:

  • Adverse credit history

  • Not meeting affordability rules

  • Not passing identity checks

Knoma's eligibility criteria

  • Be at least 18 years old

  • Be a UK resident & have lived in the UK for at least 12 months

  • Have a UK bank account

  • In employment (full time, part time, self-employed)

During the application, the student will need to pass our credit and affordability checks.

To maximise chances of student approvals, qualifying students' eligibility is important.

Knoma's Eligibility Checker

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