Yes, there are a few circumstances that could lead to a denial, even with our No FICO score programs.
- Recent Bankruptcy or Foreclosure: If you’ve had a bankruptcy in the last 3 years or a foreclosure in the last 4 years, we may not be able to approve your application.
- Problematic Payment History: If your payment history suggests that taking on a solar loan or lease could be a financial burden, it may result in a denial.
- Unverifiable Income or Work History: We need to be able to confirm your income and work history to ensure you have the means to make your payments. If we’re unable to verify this information, it could disqualify you from the program.
While we strive to make solar energy accessible to as many people as possible, we also have a responsibility to ensure responsible lending practices. These criteria help us protect both our customers and our business.