If your application is declined, no loan will be issued. Reach will send you an email with more details about the decision, and in some cases, you may also receive a notice from the credit bureau with specific reasons.
Common reasons for declines include:
Low credit score or limited credit history
High debt-to-income ratio
Income couldn’t be verified
Bank account couldn’t be verified
Identity verification issue or potential fraud flag
Reach Support
E-mail Reach at: [email protected]
Call Reach at: 800-606-8200
Customer Service Representatives are available Monday - Friday | 8 AM EST to 8 PM EST