Have you made one or more requests for private credit, which unfortunately have not been completed, and wonder if these refusals have consequences?
If your file has been deposited with a bank, the refusal will be registered with the ZEK for 6 months. Each refusal is notified. It can be mentioned on different codes such as, for example, the 99 with indication of the reasons (budget, too committed, etc.) or not.
If you went through a broker and he refrained from depositing your file with a bank because you do not meet the basic conditions, you will not have registration with the ZEK.
A penalizing refusal?
A credit rejection becomes penalizing from the moment you have to wait at least 6 months before applying for a loan again. It depends on the number and the reasons for the refusal.
The importance of numbers
A refusal and the registration to the ZEK which results from it are not penalizing in itself, since you have not accumulated more than 2.
But as soon as you reach 3 or more refusals, it becomes problematic for future credit applications.
Many people make the mistake of filing their case with several banks at the same time, and if all the banks refuse because the basic conditions under the LCC law are not met, the number of refusals registered will quickly exceed the limit of 2 with penalizing consequences for future requests.
The broker works with several banks, and will only file with the bank where your profile is most likely to get the loan. And in case of refusal, only one notification will be registered with the ZEK.
Prosecutions as grounds for refusal
If you have been unable to obtain your credit due to one or more lawsuits, it will take longer to submit a new file.
However, the registration period for the ZEK will, in any case, be 6 months, whatever the reasons for the refusal.
When to reapply for a loan?
Before relaunching a request, it is first necessary to analyze and identify the reason for the refusal (s). As long as the reasons for the refusal have not been clarified, there is no point in relaunching a new request, regardless of the time limits.
From the moment the problem is detected and resolved, then the request can be executed again after 3 months.
If the reasons for the refusal are linked to prosecution, you will have to wait at least 6 months.