Credit card scoring standard:
When applying for a credit card, the contents of the application form and the supporting materials submitted by the applicant should be entered into the system for comprehensive scoring, including: education, position, length of service, income, marital status, housing situation, work unit, personal loan, credit record, whether the application form is filled in detail, etc.
For example, the application age does not meet the requirements, the bank flow is too low, the personal credit is poor, there are too many credit cards in the name, the debt ratio is high, and there is no stable job and income, which may lead to insufficient comprehensive credit card scores. In addition to personal credit records, such as failure to provide permanent residence address, incomplete submission documents, failure to provide company telephone number, failure to provide personal or immediate family members or siblings' permanent residence telephone number, exceeding the required time (supplement), work certificate/income, etc.
The bank will not inform the customer of the reasons for refusal, nor will it return the application materials to me.
Although the rejection code can be found in the system, the customer service really can't tell the specific reason for the rejection. This is the normal state of the industry, and it can only be said that the comprehensive score is insufficient.
Every bank has different scoring standards. Once the application for a credit card is rejected, first of all, it depends on whether there is any problem with its credit information system and whether there is any bad record; If the rejection is not caused by the above reasons, it is likely that the comprehensive score is too low. Applicants can improve one by one according to the factors included in the scoring system. Of course, the following items are easier to improve:
1, Work situation, it is not suitable for applicants to apply for a credit card just after changing jobs, but they can apply for a credit card after working in their current unit for 6 months, which will make the bank more confident that you have a stable source of income.
2. Credit cards from other banks. If you have a credit card from another bank, you can apply for credit card points. Therefore, if the bank's card threshold is relatively high at present, it is better to apply for an easy credit card first, including the one with low card issuer selection threshold and low card grade, so that it will be easier to apply for a second card after the first card is completed.
3. Property status, applicant's age, education, marriage, etc. It is difficult to change, and the property status can be increased or decreased according to the supporting information you provide, which is a relatively flexible factor. In order to improve the success rate and initial limit, the applicant can provide sufficient property certificates, including bank deposits, housing, vehicle certificates, etc. In addition, you can also purchase the wealth management products of the issuing bank.