When applying for a credit card, the bank will not only check whether the credit is good, but also determine whether the card applicant has the ability to repay. For those who do not have enough repayment ability, they will not easily agree to approve the card. You may not know how the bank determines the applicant's repayment ability. In fact, it mainly looks at these four aspects.

1. Age and education. Although many banks stipulate that the age for applying for a card can only be 18-55 years old, and the education level must be above a college degree. However, compared to fresh graduates, banks still prefer card applicants who are 25-45 years old and highly educated, because this age group of users is more likely to have high-paying positions, has greater job stability, and has a relatively higher income.

2. Occupational nature and personal qualifications. Many credit card application platforms will classify applicants according to their occupational nature. Employees with stable professions such as teachers, civil servants, lawyers, etc., especially those working in state-owned institutions, are regarded by banks as high-quality users. Their repayment ability is generally Better than ordinary salarymen. Moreover, people with richer qualifications, more social experience and wider connections are more likely to earn high incomes.

How to determine the card applicant’s ability to repay? Mainly look at these aspects!

3. Personal debt ratio. Generally, the judgment is made based on the loan records and credit card records shown on the personal credit report, combined with the income of the card applicant. If the total monthly loan and credit card repayment amount shown on the applicant's credit report exceeds 50% of the monthly income, it means that the applicant has high debt, and thus the repayment ability will be greatly reduced.

4. Personal assets. For people who have real estate, cars, large-denomination certificates of deposit, financial products and other assets under their names, the pass rate is relatively high when they apply for a card through offline submission. Because personal assets can reflect the financial ability of the card applicant and guarantee their repayment ability, banks are more willing to approve cards, and may also approve cards with large amounts.

How to determine the card applicant’s ability to repay? Mainly look at these aspects!

In short, card applicants need to have a certain repayment ability to successfully apply for a card, and they are also very likely to get a large-value card.