Below are some of the top reasons
why credit card applications are denied.
Not exact matches
If a bank turned down your
credit card application because of your address, you may be wondering
why, and what you should do about it.
With all the
credit cards application challenges, you will wonder
why people are still applying for it.
Within a week or two, the
credit card provider that you applied to will send you an adverse action notice explaining
why your
application was denied.
If you're wondering
why your
application for a mortgage loan was rejected or
why you only qualify for
credit cards with sky - high interest rates, the answers might lie in your three
credit reports.
If you were denied a
credit card due to a low
credit score, and you understand
why, you can start taking steps to improve it before filling out any new
applications.
There's no need to panic if your
credit card application was rejected, but it is important to investigate
why you were turned down.
Learn
why guaranteed approval
credit cards don't exist but how you can improve your likelihood of being approved for your next
credit card application.
Here's a look at
why guaranteed approval
credit cards don't exist — and how to increase the chances that your
credit card application will result in an approval when you see a
credit card offer that's too good to pass up.
Why credit applications get denied after recent bankruptcy — Try secured
cards and becoming an authorized user to rebuild scores... (See Bankruptcy)
My question is I had 3 Amex CC two of them almost a year old the third one about 5 months old, when I» be applied for the first time I did it over the phone and before I continued with the
application I told the agent that I filed for BK about 6 years ago and I never had a Amex CC then she told me that there are customers that applied with BK and been approved, when she said that I felt confident applying for it and she was right, Amex approved me with a nice
credit line of $ 11,000 I was in shock, now explain this a year later I went to the website and I request a
credit line increase and I was dinied I called for a recon and they told me I was dinied because in my
credit report shows a BK so I said wait a minute when I had applied for that
credit card I had approved with no problem and now I can't have a
credit line increase and the agent told me there are different factors between applying for
credit card and applying for
credit increase so that was his answer but he didn't explain the factor
why??? Do you have an idea
why is the differents Thank you
I wrote a post about the Chase Sapphire Reserve
credit card yesterday and, if you're considering applying for the Citi Prestige
card, you should read that blog first to see how the benefits of the two
cards compare and
why you should probably be holding off all
credit card applications for a few more days.
If you find that your
application for a Chase
credit card has been denied, you have the option of asking for a reconsideration of your
application — essentially an analysis and review of
why they turned you down.
That's
why I get lots of questions about the ins and outs of business
credit card applications.
Here are several reasons
why you your
application may have gone to pending further review and some things you want to do if your
credit card application ever goes to pending.
Video:
Why was my
credit card application denied?