Many people fail to apply for a credit card, fearing that it will affect their credit report, leave a record, and be unable to apply for bank credit services in the future. So let’s take a look at whether a failed credit card application will affect your credit report?

Will a rejected credit card application affect your credit report?

When applying for a credit card, the bank will inquire about the applicant during review Credit information, and the failure to apply for a credit card may be caused by various factors, so it will not affect the personal credit report, and will only leave an inquiry record on the credit report. Generally, your credit report will be affected only after your credit card is overdue.

However, since the credit card application record will be recorded in the credit report, one or two rejections will have little impact. However, if your application is rejected frequently in a short period of time, it may affect your future credit card or loan applications. When the bank sees your credit card rejection record, it will judge that your credit status is not good.

What to do if your credit card application is rejected

1. Find out the reason for the rejection, and don’t fall into a vicious cycle of blindly applying for credit cards frequently and being rejected all the time.

2. Do not apply repeatedly in a short period of time. Frequent applications can easily be regarded as high risk by banks, which may also cause users to always be rejected when applying for a credit card.

3. Provide the most comprehensive and accurate application information. Incomplete information or incorrect information submitted by the user may cause the credit card application to be rejected again.

4. Pay attention to your personal credit record.

5. Choose the right credit card.

6. You can choose other banks to apply.

7. Choose formal card application channels.

The above is what to do if your credit card application is rejected. I hope it will be helpful to everyone.