Why is it difficult for some people to apply for a credit card? There are several reasons.

Many people think that credit cards are easier to handle without collateral, but this is not the case. As a bank product, no matter how low the credit card threshold is, there are still requirements. The bank will conduct a comprehensive assessment of the applicant's situation and only if the score meets the standard, the application will be rejected. Otherwise, the application will be rejected. Some people find it difficult to apply for a credit card, but they all have these characteristics. Let’s take a look.

Why is it difficult for some people to apply for a credit card?

1. Insufficient age: Age is one of the factors that banks use to judge an applicant’s repayment ability. Although you can apply for a card if you are over 18 years old, generally those over 22 to 45 years old are more popular. , this is the right age for hard work, the income is relatively stable, and most of them have families, and their repayment ability is also stronger. If you are too young, your income may be unstable; if you are too young, your health and income may not be as good as before.

2. Have bad credit: In the credit society, good credit is very important, especially when applying for a credit card. If the applicant has a credit record and has always repaid the loan on time, it means If you are willing to repay and have the ability to repay, it will be difficult to apply for a credit card if you have bad records or violations.

3. No stable income: Although some people are working, they are not stable, such as salesmen, insurance agents, waiters, etc., and there are also various sensitive occupations where it is difficult to apply for a credit card; For those who have worked for less than a year, some may not even be able to pass the probation period, and banks will not take the risk in approving a card. Usually only those who have worked more stably for more than one year can easily apply for a card.

4. Carrying too much debt: If the applicant owes a lot of loans and credit cards, and the debt is found to be too high on the credit report, his monthly salary will have to be used to pay off the debt, and even basic living expenses will be lost. There is no guarantee that the bank will definitely reject the credit card application because they are afraid that they will not be able to pay back the credit card.

The above is the relevant introduction to "Why it is difficult for some people to apply for a credit card". I hope it will be helpful to everyone.

Why can’t I apply for a credit card?

1.

There are many reasons for failure to apply for a credit card, such as:

1. Age incompatibility: Credit cards will have certain age requirements for applicants. Most people need to be over 18 years old, but some people need to be over 20 or 22 or 23 years old. If the applicant does not meet the age limit, he will naturally not be able to apply for a credit card.

2. Credit problems: If you want to apply for a credit card, the applicant's personal credit must be good, and there must be no bad credit record on the credit report. Otherwise, the bank will most likely refuse to approve the card.

3. Insufficient repayment ability: When applying for a credit card, banks generally require applicants to provide some economic income and asset information to prove their ability to repay on time. Some bank credit cards also have special regulations, The applicant's annual (monthly) after-tax income must reach a certain level. If the applicant cannot prove that he or she has the ability to repay the loan on time, the application is likely to fail.

4. Holding too many credit cards: If the applicant holds too many credit cards and the debt ratio is too high, the card application may not be approved; even if the card is applied for, the approved limit It may also be lower.

5. Frequently applying for credit cards: If the applicant has always applied for credit cards some time ago, the application may be rejected. After all, frequently applying for credit cards can easily mess up your credit score, and may also make banks suspect that the applicant's financial life is unstable, which will have a certain impact on credit card approval.

2. Credit card related content

1. You can use overdrafts without deposits, and enjoy an interest-free period of 20-56 days to pay back on time without any interest charges (largely Some banks will charge an interest of 50,000 cents on the day of cash withdrawal, as well as a 2% handling fee. ICBC does not charge a handling fee for cash withdrawals and only charges interest);

2. Swiping a card when shopping is not only safe and convenient, There are also points gifts;

3. You can enjoy discounts when using the card at the bank's special merchants;

4. Accumulate personal credit and add integrity to your credit file Records will benefit you throughout your life;

5. It is accessible nationwide and can be used to withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo.

Why is it so difficult to apply for a credit card from the four major banks?

Why is it so difficult to apply for a credit card from one of the four major banks?

1: I happened to have worked in a certain bank for about a year and a half. The four major banks are different from other joint-stock banks. Commercial joint-stock banks can handle it as long as their credit report is not bad, but the four major banks Different, all banks are the same. As long as you deposit in a certain bank, you will be divided into silver card customers or gold card customers, whitelist, and of course VIP customers. Different customers have different credit card limits when they go to the bank. To be precise, It is said that the richer you are, the more credit lines you can get from the bank. The poorer you are, the more stringent the bank's risk approval department will be.

Two: Credit cards require users to use different amounts of money in installments, thereby generating relative interest and making money

1: In layman’s terms, credit cards promote consumption by young people, and banks Earn more returns by taking depositors' money and lending it to people in need of loans or investing. Banks do not make money when young people repay their money on time for normal consumption. Banks like to let customers pay installments, so you can often receive Banks call you to ask you to make installments. The main businesses of the four major banks and other commercial banks are different.

2: For example, if a bank applies for a credit card, it can be approved as long as it is a white account. Their credit card usage is among the top in the country, and credit cards account for a large part of the business profit. Some banks will not allow you to apply for a white account. You must have used a credit card for more than a year before you are eligible to apply. The four major banks do not need to make money through credit card credit limits. You can use the credit limit, but if you don’t use it for a long time, It’s also a loss for the bank. If you don’t use it, the bank might as well lend the money to people who need it more and earn more interest.

3: Basically, the credit limits of the four major banks are very low. I have seen many people who have just purchased a card and have a limit of one thousand or two thousand, but as long as they are used sparingly, plus the savings from the credit card issuer, There is a deposit in the card, and the basic limit can be increased quickly. As long as the customer is not short of money, the credit card limit can be increased very quickly. When one day you use a lot of credit cards, the post-loan management of the credit card will be able to find out whether you have used too much every month. You will be classified as a risk customer by the bank. If you have used online loans, you will be classified as a high-risk customer by the bank. Borrowing is also an online loan. If you have too many credit cards, you will be rejected, because in the eyes of the bank, you are a risky customer. Banks like qualified customers

3: Can the approval rate be improved if you apply for a credit card correctly?

1: Some banks can apply for a card if you have a bare account, some banks require you to use the card for more than half a year, some banks have industry restrictions and will restrict some industries from applying for cards, and some banks prefer those with academic qualifications. Customers, some banks like customers who use less credit cards, and some banks like whitelist customers who have debit cards in their bank, so you need to understand the approval conditions of major banks before applying for a card. Some banks cannot handle the data in a messy manner. Some friends said that they were overdue five years ago and then paid it off, but there was no record of it in the credit report. Why can't they still get it done? That's because in the eyes of the bank, you are a high-risk customer and the big data is not good.

2: Some friends said: "If you don't have a credit card, you will be rejected as soon as you apply online." In fact, it is not the bank that rejects you. It’s the system, what we commonly call instant rejection, big data is messy, and the system can’t be entered. Now I’ll teach you a little trick, keep it up for a while, go to a bank where you have deposits, then go to the branch to apply, and it will pass. Four The same is true for big banks. If you have a bank debit card with them, and you have deposits and a large turnover, it is very easy to go to the branch to get through, and the credit limit is also high

The difference between domesticated and wild ones

< p>Is it okay? I applied for ten credit cards at one time, canceled four of them, my friends used two, and I kept four. It is not used often and is mainly used on construction sites. Both Bank of China and ICBC have it, but I have not applied for it from Agricultural Bank of China and China Construction Bank. I have generally applied for it from other banks. All the small-amount ones were sold, and the remaining ones were kept as backup

CCB is relatively easy to handle. Although the limit is not high, the handling fee for line withdrawal is lower.

It’s not difficult. The key depends on the individual’s credit qualifications. I got all of them from the four major banks. I applied for the China Construction Bank Long Card first, then I applied for the ICBC (because the limit was low, I canceled it, and the ICBC application was not approved again.), and then I applied for the Agricultural Bank of China and Bank of China.

Why is it so difficult for Baihu to apply for a credit card?

Many card friends asked, saying that they were always rejected when applying for a credit card for the first time, and they wanted to know why it is so difficult for Baihu to apply for a credit card. .

In fact, the biggest reason why Baihu’s card application is always rejected is because their credit record is blank and the bank has no way of knowing their repayment ability, so they will not apply for the card easily. So, how can Bai Hu apply for a credit card? Let’s take a look below.

Why is it difficult for white households to apply for a credit card?

Many cardholders who apply for a card for the first time are called white households because they have never applied for a credit card or loan. The so-called white households are people who have no personal credit record in the People's Bank of China's credit reporting system.

The main reason why it is difficult for these people to apply for a credit card is because their credit record is completely blank. The bank has no way of knowing your credit status, nor can it judge whether you have a certain ability to repay. , in order to control risks, banks are very cautious in approving cards for such people, and the level of review on them is even more stringent than those who have overdue cards.

This means that if you are a white householder and want to apply for a credit card, your personal conditions must not be too bad. Maybe someone else's income is not as high as yours, and their education level is not as high as yours, but if they have a good card usage record, the bank will be willing to approve the card.

How to apply for a credit card with a white account?

However, many cardholders start from a white account and gradually become card gods, which means that everyone cannot escape the first Once, then, for a white household, how can one get a first card in life? Here are three methods:

1. Don’t start with credit cards from the four major state-owned banks at the beginning. Of course, if your financial conditions are very strong, you can ignore it. Friends with average financial conditions can start with small and medium-sized joint-stock banks. Compared with the four state-owned banks, joint-stock banks such as China Merchants Bank and Bank of Communications are relatively tolerant of white accounts, so it is best to choose a credit card from such a bank as your first card. Not a bad choice.

2. It is best to apply for your salary card or a bank with large deposits and other assets, because these banks will have a certain understanding of your income through your salary flow and assets. This is also A plus when you apply for a credit card.

3. Do not apply for multiple credit cards at the same time. After all, for banks, if you apply for multiple credit cards at once, it is easy for them to misunderstand that you are short of money, which is very detrimental to the credit card approval.

4. Start with Puka. Although gold cards and platinum cards have higher credit limits and more generous benefits than ordinary cards, many banks will not issue gold cards or platinum cards to friends who are applying for a card for the first time because they have never owned a credit card. There is no way to know their repayment ability. Even if the applicant's income is high, they will only be issued a regular card. After the white household gets the regular card and uses it for half a year or more than a year, it will be easy to apply for a gold card or platinum card.

Why can’t I 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 by 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. )

This is the end of the introduction about why it is so difficult to apply for a credit card and the relatively difficult credit card. I wonder if you have found the information you need?