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
Credit card Why it can’t be applied for?
Reasons for not being able to apply for a credit card:
1. The personal credit report is not good. Banks must check the credit report when approving credit cards. Poor credit report can easily be rejected. .
2. Do not meet the basic conditions for applying for a credit card. The application conditions are: between 18 and 65 years old, with a stable income.
3. If the overall score is low, the bank will give you a comprehensive score, including your address, education, workplace, debt situation, etc.
Why can’t I apply for a credit card?
The main reasons for failure to apply for a credit card are:
1. The card issuance conditions are not met
Many users do not carefully read the application conditions when applying for a card. Many credit cards have application conditions, such as student cards, female cards, membership cards or age restrictions. These problems will directly lead to the rejection of the card application.
2. Few application materials
Card applicants must pay attention to the authenticity and completeness of the application materials, which is an important basis for the bank to approve the card. This information is especially important when applying for a credit card for the first time.
3. Have a bad credit record
After receiving a credit card application, the bank will check the applicant's credit record through the credit reporting platform. If you have a good credit history, you are more likely to be approved for a credit card.
4. Bank scores are not up to standard
Banks use a scoring system to automatically score users. Cards can only be approved if they reach the score line set by the bank. If the score is not reached, the card will be rejected. The notice "Card issuance refused due to insufficient comprehensive score" received by the user refers to this score.
5. Encounter rogue intermediaries
When applying, try to choose a formal bank institution. Intermediaries that collect money to apply for cards and some roadside card application points are often used to defraud money and user information, and Card cannot be approved.
Extended information:
Credit cards are divided into credit cards and quasi-credit cards. A credit card means that the cardholder has a certain credit limit and can consume within the credit limit. A credit card that is repaid later; a quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient to pay, the quasi-credit card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).