What to do if the credit card application fails

Solutions to the credit card application: 1. Find out the reason why the application cannot be approved; if it is because the requirements are not met, the applicant needs to follow the requirements Resubmit the application; if it is due to personal credit issues, the applicant can go to the bank to check or pay off the relevant debt. 2. Call customer service and ask them to help you check and re-apply. 3. Go to the bank and find the relevant staff to handle it.

1. Credit card, also called credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

2. Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Provisions") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, An electronic payment card with full or partial functions such as transfer settlement, cash deposit and withdrawal, etc. On December 1, 2017, the "English Translation and Writing Standards in Public Service Fields" was officially implemented.

3. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card A debit 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 for payment, the card can be overdrafted within the specified credit limit. The so-called credit card generally refers to a credit card only.

4. Application

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

5. The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

6. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must Has the applicant's autograph.

What should I do if I can’t apply for a credit card when I need money urgently? There is always a way to solve it

Credit cards are regarded as magical tools by many people. If you have no money to buy something, you can use the card to make purchases. If you need money urgently, you can also withdraw cash or apply for cash installments. But not everyone can get a credit card. There are often many people who are not qualified and have their cards rejected but are in urgent need of money. So, what should I do if I can’t get a credit card for urgent money? I can only find ways to borrow money from other channels.

What should I do if I can’t apply for a credit card when I need money urgently?

1. Apply for an additional card

If the applicant cannot apply for a credit card by himself, he or she can ask an immediate relative who has the main card to apply for an additional card for him/her to use. As long as the main card status of the supplementary card is normal and the age of the supplementary cardholder meets the requirements, there are no requirements for its repayment ability or credit, because the credit conditions of the main cardholder are referenced.

However, the disadvantage of the secondary card is that it cannot be used in the same amount as the primary card, and all consumption is included in the primary card account. If you do not pay attention to some aspects during use, it will hinder the primary cardholder.

2. Online borrowing

Many online lending platforms can provide loan services, most of which are credit loans. The requirements for applicants are not as high as credit cards, but applicants must have Stable repayment ability, no bad credit history, and meeting the basic conditions of the platform.

However, you should be cautious when choosing a platform, try to choose products from licensed financial institutions, and avoid those so-called unconditional loan platforms to avoid causing losses to yourself.

3. Ask for help from relatives and friends

If you are in urgent need of money and cannot get a credit card, it is also a good way to ask relatives and friends for help to borrow money. Of course, not everyone is willing to borrow money. Try to borrow money from someone with a closer relationship. When borrowing money, be sure to write an IOU stating the loan amount, repayment time, and some appropriate interest.

The above is the relevant introduction to "What should I do if I can't get a credit card for urgent money?" I hope it will be helpful to everyone.

What should I do if my credit card application cannot be processed?

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. . Credit limit of the cardholder.)

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

As more and more people apply for credit cards, many people have applied for credit cards, but many people have not been approved when applying for credit cards. So what should I do if the credit card is not approved? Let’s take a look.

1. Bad credit report: A bad credit report cannot be changed in the short term. After all, bad credit records will not be eliminated until they are kept for 5 years. No one has the right to modify the credit report. If there is an overdue credit report, the last It is best to pay off the outstanding balance and wait for about 3 months before applying for a card. If the card is overdue for three to six months in a row within 2 years, the application will be rejected.

2. Excessive debt: If the credit card approval is not approved due to excessive debt, the system will consider the applicant to have insufficient repayment ability. If the debt ratio exceeds 50%, the debt must be paid off first. Part of it is to lower the card application level appropriately. For example, if you originally wanted to apply for a platinum card, you can apply for a gold card first, etc.

3. After finding out the reason for failure in credit card approval, you can apply again after a period of time, and do not apply at the same bank after being rejected. You can apply to another bank. If you have good financial strength, you can directly Apply for the card through the online store.

The above is what I found for you about what to do if your credit card is not approved. I hope it can help you.

That’s it for the introduction of what to do if you can’t get a credit card.