PUFA credit card failed to pass the examination and approval because the applicant's repayment ability was insufficient.
The applicant's insufficient repayment ability will involve two aspects. One is the income level of the applicant. If the applicant's income is too low and exceeds the bottom line of credit card issuance limit, Pudong Development Bank will not approve it.
On the other hand, it is whether the job of the applicant is stable. Many applicants have high incomes, but due to unstable income sources, such as self-employed, Pufa will be worried about the future repayment ability of the applicants and may refuse to approve.
Pufa Credit Card failed to pass the examination and approval. Reason 2: the applicant's credit record is not good.
The applicant's credit record will also be an important reason why the credit card cannot pass the examination and approval. No matter how high an applicant's income is, how many positions he has, or even how many assets he has, if the applicant's credit record is poor and there are many overdue records, Shanghai Pudong Development Association will think that although the applicant has the ability to repay, he may be lazy, that is, he can repay but not repay. For banks, such cardholders are not more valuable than those who have no repayment ability, so it will also lead to the invalidation of Pudong Development Credit Card.
PUFA credit card failed to pass the examination and approval. Reason 3: The applicant has no local card-issuing bank outlets.
Although Pudong Development Bank did not explicitly indicate that applicants in some regions cannot apply for credit cards, as far as Yinlv.com knows, Pudong Development Bank will directly reject the application information without bank outlets in this region when approving credit cards.
Pufa Credit Card failed to pass the examination and approval. Reason 4: There are too many credit cards.
If the applicant holds too many credit cards, Pudong Development Bank will consider whether the overall credit limit of the credit card it holds now is still able to repay the new credit card compared with its income. For example, although the applicant earns more than 10,000 yuan a month, he already has three or four credit cards with tens of thousands of yuan. Then the Shanghai Pudong Development Association will think that the applicant's comprehensive credit ability has exceeded, and there will be a risk that he will not be able to repay the card, because such an applicant will also fail to approve his credit card.