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15 January 2011

Good credit rating but turned down for a loan.

My husband has a good credit rating, he asked his bank for a loan, they said no, then tescos said no, and santander said no. He doesn't want to apply for more as this is bad for his credit rating, but he has two credit cards and a large overdraft he would like to clear. He has never missed a payment on any bill ever. He does not understand why he is getting turned down??

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