Credit Card - If Your Application Is Denied - CREDIT CARDSFree Credit Report Directory. Find free credit report providers, learn the importance of checking your free credit report annually |
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| TODAY'S SAVING TIP This depends on what kind of inquiries they are, and even on the type of credit you are applying for. Usually, lenders consider several applications for credit over several weeks or a few months to be a bad sign that you are overextending yourself ... Read more | |||||||||
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CREDIT CARDS: Credit card - if your application is deniedIf you're turned down for a card, ask why. It may be that you haven't been at your current address or job long enough. Or that your income doesn't meet the issuer's criteria. Different credit card companies have different standards. But if you are turned down by several companies, it may indicate that you are not ready for a credit card. If you've been denied credit because of information supplied by a credit bureau, federal law requires the creditor to give you the name, address and telephone number of the bureau that supplied the information. If you contact that bureau within 60 days of receiving the denial, you are entitled to a free copy of your report. If your file contains accurate negative information, only time and good credit habits will restore your credit-worthiness. If you find an error in your report, you are entitled to have it investigated by the credit bureau and corrected at no charge. You should dispute any inaccuracy in your report with the credit bureau and also with the company that furnished the information to the credit bureau. ADDITIONAL CREDIT CARDS RELATED FACTS Credit And Charge Cards - Credit Cards Vs. Charge Cards Credit And Charge Cards - What Must Be Disclosed Credit Card Safety Applying For Credit Cards Recognizing Counterfeit Cards - Legitimate Cards How Do Credit Cards Work Credit And Charge Cards - Earlier Disclosure |
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