Sorry we couldn’t offer you a loan right now. For security reasons, we can’t tell you exactly why.

There are a few things we look at when we make a decision, including your credit history and your financial situation. Please have a look at the list below, and you might see one or two which could relate to you.

We may say no, if:

• Your existing level of unsecured debt is high

• There’s not enough information in your credit file

• Your level of disposable income is low

• There’s not enough proof that you’ve managed credit well in the past

• Your credit score is low, according to TransUnion and Equifax

• You've applied for a loan with us in the past 6 months

but that's not the end of the road. You can always reapply for a Zopa loan after 6 months. Please keep in mind, you won't be able to apply if you try again sooner than this.

Borrowing Power could help you get a “yes” next time

If you do decide to reapply in the future, our Borrowing Power tool could help you to improve your chances of getting a “yes”. It’s completely free and available through the Zopa app.

It shows your credit health as a 1-10 rating along with tailored tips to improve. So you’ll know exactly what you need to do to boost your chances of getting approved with us next time.