The loan application fee is charged to cover the cost of credit assessment, verification, and loan evaluation conducted during the application process. Since these services are performed upfront, the fee remains non-refundable regardless of the application outcome.
This policy is clearly mentioned on the Payment Page and in our Terms of Service to ensure complete transparency.
If your application is rejected, the possible rejection reasons will be:
Sent to your registered email address
Available within your application
We recommend reviewing and resolving the mentioned issues before reapplying to improve your chances of approval.