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Answer:
Probably, the reason for the credit denials is your credit report. A credit report is a document where the customer's all personal and financial information is stored. It makes sense that you check your credit report for inaccuracies or mistakes as they may show you as a bad risk and worsen your chances to be approved. Perhaps, the income information or your current address lack there, and this is enough to deny a credit card application. If all the data is right there, then the problem is it doesn't satisfy the issuer requirements. To qualify for a no credit card, you need to comply with certain requirements. You are to be a student or a young person earning his living, you have a stable job and good income (monthly salary big enough to make monthly minimum payments), you have no bad payments with current or previous financial institutions and you are the resident. If you do not satisfy all these requirements, the best variant for you would be a secured credit card. We suggest you take a look at Secured Visa® Credit Card from Applied Bank, which allows a limit up to $5,000, or Black Diamond Visa® of Millennium Bank with a credit limit up to $10,000. In a while of responsible credit use, you'll upgrade your credit scores and may try applying for an unsecured limited/no credit card with no fees and even rewards. In case there are some negative payment records in your name, consider Centennial Gold MasterCard®/Visa from First PREMIER Bank, an unsecured bad credit card offer. This credit card helps you improve credit scores and offers credit limit increase for making payments on time. Make a close study of these offers and apply for the right credit card online. |
