Cleo looks at your paycheck, spending habits, budget, and more to determine your eligibility. She crunches the numbers and uses some complex math to work it out.
We know rejection sucks 😔 The good news? You can become eligible over time. To start off, here are some potential reasons why you aren’t eligible right now:
Insufficient funds in your account. We need to know you have enough regular income to stay on top of your finances 💸 It also helps if you connect the account where you get paid to Cleo
Too many cash withdrawals, missed payments, not enough transactions or a low account balance also play a part in Cleo’s decision
We might not be able to support your bank to pull through transactions
You may have no accounts connected to Cleo at all 😶🌫️
Missing your subscription payments or being consistently late to pay can also impact your eligibility
Want more? Check out our blog for all things personal finance.