What should I do if my credit card is not approved? Take a look at this guide to apply for a credit card

Many people realize the importance of credit cards and apply for them. After all, it is great to have a credit card by your side when you have no money. But credit cards must be approved by the bank before they can be issued. Many people don't know what to do if they don't get approval. Here, let’s briefly introduce the correct response method.

What should I do if my credit card is not approved?

In fact, when a credit card has not been approved, the most important thing is to find out the reason for the rejection. Many people call customer service and only give a perfunctory "the overall score is insufficient". This is actually mainly because It is caused by two aspects, namely poor credit report and insufficient repayment ability.

1. If the credit report is bad, it cannot be changed in the short term. After all, the bad credit record will not be eliminated until it is kept for 5 years. No one has the right to modify the credit report. If it is currently overdue, it is best to The key is to pay off the outstanding balance and wait for about 3 months before applying for a card. If the credit card is overdue for three to six months in a row within 2 years, don’t bother until the bad credit is eliminated.

2. If the repayment ability is insufficient, it is best to check the credit report and calculate the personal debt. If the debt ratio exceeds 50%, pay off part of the debt first. If there is any debt that is not commonly used, For credit cards, you can choose to cancel them based on actual needs, and then appropriately lower the card application level. For example, if you originally wanted to apply for a platinum card, you can apply for a gold card first, etc.

After finding the reason, you still have to choose the bank to apply for the card and the channel to apply for the card. It is recommended that you do not keep applying with the same bank after being rejected. You can change to a bank with a slightly lower threshold. If you have good financial strength and have real estate, cars, financial products, etc., you can directly apply for a card through the branch. Ordinary office workers can try it. Apply online for a card.

What should I do if my credit card fails?

Take China Construction Bank as an example: If you still want to apply for a China Construction Bank credit card, you can try to apply again after a period of time or wait for income and other conditions to change, and complete the application form.

If the credit card approval result is that the system score is insufficient, the information provided may not fully reflect the comprehensive financial resources, and has not yet met China Construction Bank's card issuance standards, so the application cannot be issued temporarily.

The conditions for applying for a credit card are: natural persons with full capacity for civil conduct, over 18 years old and under 70 years old, with a stable career and income, good credit status, and the ability to repay principal and interest on time. Apply for Dragon Card personal card master card.

Extended information:

If you do not have a landline when applying for a credit card

If you do not have a landline when applying for a credit card through electronic channels, you can select "Residential Telephone" in the field "My other mobile phone number" and fill in my other mobile phone number instead. If there is no other mobile phone number, you can fill in the mobile phone number of a relative or friend. In addition, "unit phone number" is required. If the unit does not have a fixed landline, fill in the landline that can be contacted.

For existing card customers, it takes approximately 5 working days from application to mailing of the card. If the new customer is approved (the general approval time is 10 days), he will receive an interview text message and a card letter will be received after 3-5 working days. As long as he brings the text message, original credit card and ID card to the billing address within 90 natural days. Just print the application form at a City Construction Bank outlet and sign it.