Not only so you avoid an unnecessary credit
card application rejection but so you can maximize your earnings with these cards.
You might experience a credit report mix - up that results in your credit
card application rejection.
A credit
card application rejection is not always caused by having bad credit.
Not exact matches
When it comes to the
rejection of credit
card application, other things may be attached.
Individuals with lower credit score often receive higher interest rates,
rejections for loan
applications, and limited credit
card options.
The most recent data, from February's survey, shows a significant change in the
rejection rate for credit
card applications over the past 16 months.
The lower
rejection rate for credit
card applications means there is a greater chance you will be approved for credit.
Rejection of credit
card applications rises, New York Fed survey shows — Consumers got turned down for
cards at highest rate since 2015, New York Fed survey says... (See Credit)
NY Fed: Credit
card applications up, rejections down — Consumers applied for credit cards at a record rate in a June survey, according to the Federal Reserve Bank of New York... (See A
applications up,
rejections down — Consumers applied for credit
cards at a record rate in a June survey, according to the Federal Reserve Bank of New York... (See
ApplicationsApplications)
Whether it's an
application for a new credit
card or being stood up for a blind date —
rejection sucks.
In the event that your credit
card application is denied, don't wallow in
rejection.
See related:
Rejection of
card applications rises, New York Fed survey shows, Fed: Card balances jump $ 7.3 billion in
card applications rises, New York Fed survey shows, Fed:
Card balances jump $ 7.3 billion in
Card balances jump $ 7.3 billion in May
Anecdotal evidence on Flyertalk suggests that applying for Barclaycard
cards within about 3 - 6 months of a round of other credit
card applications often triggers
application rejections.