Comments on: Why Could My Credit Card Application Be Refused?

By: CactusFlower

CactusFlower — Wed, 08 Oct 2008 06:23:59 +0000

Mainly because they have crappy credit and a low FICO score.
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By: Gerald S

Gerald S — Wed, 08 Oct 2008 06:21:59 +0000

Because they have a low credit score and are therefore a poor risk.
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By: Fairy God Mother

Fairy God Mother — Wed, 08 Oct 2008 06:19:59 +0000

All credit card companies have a credit score A credit score is comprised of criteria that measures your ability to pay. Your income. If your house is rented or not. Are you married or not. All of this is scientific, mathematical. Some banks will accept even if you have a high vredit risk but they will charge you much higher
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By: j-man

j-man — Wed, 08 Oct 2008 06:17:59 +0000

If somebody walked up to you and asked to borrow $500, and it will be paid back at 15% interest. Would you do it? You probably would consider if 1) the person has a job, 2) if the person has paid back other loans, 3) if you know the person, 4) do you think it will be paid back in a timely fashion. The bank wants to know the same things that it is about to lend money to. If somebody doesn't match that criteria, you probably wouldn't want to lend money to that person, just as the bank wouldn't want to lend money either.
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By: Michelle M

Michelle M — Wed, 08 Oct 2008 06:15:59 +0000

low credit score
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By: TITAN

TITAN — Wed, 08 Oct 2008 06:13:59 +0000

Either they have no credit, or bad credit, and no job employement. would u give someone a credit card that has no credit, or no job?? How would u expect them pay for it??
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By: Edwincharles

Edwincharles — Wed, 08 Oct 2008 01:11:04 +0000

Why do people get their credit card applications refused ?