Whether you're the type who likes to apply for new several credit cards a year, or you simply like to keep a couple good cards in your wallet forever, understanding the rules that banks
make for credit card applications is smart.
Those who apply for many cards at a time — and do so on a regular basis throughout the year... [Read more...] about Bank Reconsideration Phone Numbers for Credit Card Applications
My United MPE application got denied and that was the second time I got
denied for a credit card application (first was Club Carlson, but US Bank has always been hard on churners).
As a result, it makes sense for retailers to opt for co-branded cards, since banks tend to have more stringent
requirements for credit card applications and will take away some of the risk should the economy bottom out.
Telephone applications are no longer allowed and the gifts some card companies used to pass out
for credit card applications are no longer allowed.
Ever been turned down
for a credit card application, or been informed that your once - manageable interest rate has suddenly been drastically increased?
We can't offer much advice here as the companies are legally allowed to do check your FICO credit scores when they decide whether to solicit
you for credit card applications.
Even better, Credit Sesame could provide a free FICO score since that is the most commonly used score by banks
for credit card applications.
Instead, it provides a VantageScore which is not commonly used by banks
for credit card applications.