Why the credit card application cannot be processed
What are the reasons why the credit card application is rejected? What are the reasons why the credit card application cannot be processed.
Reasons for users being rejected when applying for credit cards: frequent applications for various credit services in a short period of time; poor personal credit, with overdue records in the credit; personal debt ratio is too high and repayment ability is insufficient; there is no stability job and income; does not meet the age requirement for applying for a credit card; the user has been blacklisted by the bank.
When the above situation occurs, the user's credit card application will be rejected. The user must solve the problem first and then apply for a credit card. Repeated applications will only cause the personal credit report to be ruined.
What are the reasons for failure to apply for a credit card?
1. Age does not meet the requirements: Generally speaking, if the user is 18 years old and above, then he or she can apply for a credit card. However, some banks or some card types have stricter requirements, requiring you to be between 22 and 23 years old.
2. Too many credit cards have been applied for: Because users rely on their current credit to apply for loans or credit cards, banks will have an estimated upper limit. If you have applied for multiple credit cards at the bank and the credit limit is close to the upper limit, then you may easily be rejected if you apply again.
3. Personal repayment ability is average: Credit card debt must be repaid every month, which naturally requires users to have a stable source of economic income. It is very difficult for people without jobs to apply.
4. Credit reporting: If the user has had serious overdue payments or has high personal debt, it will be visible on the credit report, and the bank will reject it due to risk considerations.
The following are the credit card channels for Ping An Bank, China Merchants Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, China Minsheng Bank, China Everbright Bank, and China CITIC Bank. If you need it, you can apply by yourself!
Credit card application for China Merchants Bank and Ping An Bank
Credit card application for China Everbright Bank and China CITIC Bank
Credit card application for Agricultural Bank of China and Minsheng Bank
Bank Why not apply for a credit card
The reasons for not being able to apply for a credit card are as follows:
1. The user does not meet the conditions for issuing a card, or the user is not within the age limit for application. (Shizuka Says Card A)
2. The application materials submitted by the user are incomplete, have low authenticity, or do not meet the conditions for credit card application.
3. If the user has a bad credit record, the bank will check the user's credit record based on the credit platform. If the record is bad, the bank will refuse to handle the application.
4. The bank’s comprehensive score for users does not meet the standard. Only when the score meets the standard will the bank approve the card.
5. The user did not choose a formal institution to apply for a credit card.
What is the reason why the credit card application cannot be applied for?
What is the reason why the credit card application is rejected:
The reason why the user is rejected when applying for a credit card: Frequently applying for various credit cards in a short period of time kind of credit business; personal credit report is poor and there are overdue records in the credit report; personal debt ratio is too high and repayment ability is insufficient; there is no stable job and income; the age requirement for applying for a credit card is not met; the user has been blacklisted by the bank .
When the above situation occurs, the user's credit card application will be rejected. The user must solve the problem first and then apply for a credit card. Repeated applications will only cause the personal credit report to be ruined.
What are the reasons for failure to apply for a credit card?
1. Age does not meet the requirements: Generally speaking, if the user is 18 years old and above, then he or she can apply for a credit card. However, some banks or some card types have stricter requirements, requiring you to be between 22 and 23 years old.
2. Too many credit cards have been applied for: Because users rely on their current credit to apply for loans or credit cards, banks will have an estimated upper limit. If you have applied for multiple credit cards at the bank and the credit limit is close to the upper limit, then you may easily be rejected if you apply again.
3. Personal repayment ability is average: Credit card debt must be repaid every month, which naturally requires users to have a stable source of economic income. It is very difficult for people without jobs to apply.
4. Credit reporting: If the user has had serious overdue payments or has high personal debt, it will be visible on the credit report, and the bank will reject it due to risk considerations.
The following are the credit card channels for Ping An Bank, China Merchants Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, China Minsheng Bank, China Everbright Bank, and China CITIC Bank. If you need it, you can apply by yourself!
Credit card application for China Merchants Bank and Ping An Bank
Credit card application for China Everbright Bank and China CITIC Bank
Credit card application for Agricultural Bank of China and Minsheng Bank
Why Can't apply for a credit card?
Failure to apply for a credit card does not necessarily mean there is a problem with your credit report. If you can't get a credit card, there may be a problem with your credit report, but it's not certain. Generally speaking, there are three reasons for credit card rejection:
1. Reasons for the applicant’s basic information, such as under 18 years of age, occupation that is prohibited for bank credit cards, insufficient information provided, and insufficient salary information wait.
2. Reasons for the applicant’s credit reporting, such as multiple overdue behaviors, multiple unpaid loans, etc.
3. Other reasons, such as high debt, failure to meet bank requirements, etc.
1) If applying for a credit card, the customer must be over 18 years old and have full civil capacity; and maintain Good personal credit; stable and legal sources of income and the ability to repay on time. However, if you are under 16, you will need to be accompanied by your parents. If you choose to operate a premium platinum card, there will be stricter requirements on the customer's economic and financial level. If you only apply for a savings card, there are no requirements. Customers can bring their personal ID cards to the outlets.
2) Some bad credit records will be permanently on the credit blacklist, which means that you will never be able to get a credit card and borrow a penny from the bank. For some bad credit records, after paying off the debt in full (including overdue penalties, interest and compound interest), there will be no overdue records within 5 years, and all bad records will be automatically cleared after 5 years. That is to say, you cannot apply for a credit card within 5 years, but you can apply for it after 5 years. In some cases, a credit record is perfectly fine, but a credit card cannot be processed.
3) Credit cards are divided into credit cards and quasi-credit cards. A credit card that allows you to make purchases first and then refund the money within your credit limit. A certain amount of petty cash must be deposited into a quasi-credit card. If your petty cash is not enough to cover the expenses, you can overdraw your credit card up to a specified credit limit. The difference between debit cards and credit cards: Credit cards (consumer credit products) consume first and then repay, while debit cards deposit first and use later; credit cards can be overdrafted, but debit cards cannot be overdrafted; credit cards have revolving credit limits, but debit cards have no revolving Credit limit; (Revolving credit refers to the amount approved by the bank for the cardholder. The cardholder does not need to repay the amount owed within the limit. Only the specified minimum repayment amount can maintain a good credit record and re-use it. . The credit limit of the cardholder.)
Let’s talk about why the credit card cannot be applied.