Why do credit card applications keep failing? The reasons are these

Many people want to apply for a credit card for daily expenses, but every time they apply, they are always rejected, while other people apply for a credit card seems to be very simple, why is it so? In fact, there are several reasons why credit card applications are not approved, including the applicant's creditworthiness, as well as some external factors.

Why are credit card applications always rejected?

1, there is a late

Generally can be seen from the certificate credit report on the loan, already have a credit card repayment, although some may be just an occasional one or two times late, will affect the back of the credit card application, especially in the last 2 years the number of times to reach the late three six, it is best not to apply for the late arrears on the repayment of late arrears, and so on 5 years after the elimination of bad credit to come back to it.

2, multi-credit

Generally refers to more than 3 or more banks to issue credit cards, or more than 2 institutions loan, which will make the bank think that the applicant's funds are relatively tight, applying for a credit card will have a card to keep the card, card to keep the loan of the risk, even if there is currently no overdue, but the potential risk of overdue is high, and directly circled them into the gray list.

3, high indebtedness

Loan amount shown on the credit card, credit card has been used amount, all belong to the personal liabilities, the bank will be the total liabilities statistics, and then in accordance with the formula: personal indebtedness = total indebtedness / 100% of the total income to calculate the indebtedness, personal indebtedness more than 70%, all the banks will basically refuse card; more than 60%, there is a high chance of refusing the card.

4, data fraud

Now there are a lot of intermediaries in the market, claiming to be able to package information for you to improve the success rate of the card, so do be careful. After all, the banking system will be analyzed through the big data you submit the information true or false, if found to be fake, may be pulled into the blacklist by the bank.

In addition, the credit card application does not pass also and card level, the bank threshold has a relationship, in short, according to their own conditions, as well as the needs of the application on the line.

What is the reason for the failure of credit card review?

What are the reasons for the failure of the credit card audit?

1. Unsuitable card issuance conditions

Many users do not look carefully at the application conditions when applying for a card. Many credit cards have application conditions, such as student cards, women's cards (boredom floor ha), membership cards or have an age limit, these problems will directly lead to the application of the card was rejected.

2. Less application information

Card applicants must pay attention to the authenticity and completeness of the application information, which is an important basis for the bank to approve the card. This information is especially important when applying for a credit card for the first time.

For example, if you have a house and a car, you can submit the purchase contract, vehicle license, etc. to approve the probability of a larger; if you only have a copy of the ID card and other simple materials to approve the probability of a small.

3. Bad Credit History

After receiving a credit card application, the bank will check the applicant's credit history through the credit platform. If the credit history is good, the credit card is more likely to be approved.

4. The bank's score is not up to par

The bank uses a scoring system that automatically scores the user's credit card, and only those who meet the score set by the bank will be approved, while those who don't will be denied a credit card. This is the first time that a user receives a notification that they have been denied a card due to a lack of comprehensive scoring," he said.

5. The black middleman

Apply to the bank's formal institutions as much as possible, the intermediary agencies and some roadside card application points are many of the fraudulent money and user information, and can not approve the card.

6, the debt ratio is too high

Some friends have credit cards, credit history, and never late, why not approved? It is possible that the debt ratio is too high, the debt ratio refers to the total liabilities divided by the percentage of total assets, the same, the total credit limit of the credit card held by the bank is used to reach a certain percentage, will be classified by the bank as a dangerous customer, which will result in the refusal of approval, and there is also a total credit limit is too high will be refused, because each person's condition determines your total credit limit, (that is, the maximum amount that you can owe the bank). When this cap is reached, the bank will not issue any more cards.

Applying for a credit card is always a no-go

Applying for a credit card is always a no-go, which is very frustrating indeed. The bank's credit card audit is very strict, the applicant must be meticulous when submitting the credit card application information, to ensure that the information is comprehensive and authenticity. If the applicant's own qualifications do not pass, it is necessary to wait for the conditions to apply again.

One, the amount of application information

When applying for a credit card, try to provide as much material as possible to prove your identity, job, income and so on. The general credit card application threshold is relatively low, the information provided is also relatively simple, as long as you provide a copy of the ID card can be, but this bank approval of the amount will not be high, and may be rejected. If you have a house and a car that provides the appropriate supporting documents, you can avoid applying for a credit card is always not through the situation.

Second, the conditions of issuance of the card to be clear

There are more and more types of credit cards, many banks credit card issued for a specific group of people, if you do not understand the conditions of application, the application of this type of credit card may be rejected directly. For example, women's card, student card, China Merchants Bank YOUNG card (limit age can not exceed 30 years old).

Third, credit history

If you have a tainted credit history, it's not unusual for you to keep failing to apply for credit cards. Banks refuse cards directly to people with credit problems, and you can only apply for a credit card again once your credit record has been cleared after 5 years.

Four, a short time too close application

Applying for a credit card is always not through, may be the reason is that you first apply for a credit card, do not figure out the reason for the rejection in a short period of time to repeat the application for a credit card, which will only let you get into a vicious circle of credit card rejection.

Fifth, other reasons

Banks refuse to card with many reasons, may be because your bank comprehensive score is insufficient, but also may be because the bank did not answer the phone when the phone call back, may be you apply for a credit card when the job change, all of these may lead to the application of the credit card you always do not pass.

Applying for a credit card is always not through, you can find the reasons from the above points, a lot of minutiae were seized by the bank, you may not realize, so they are not to be ignored.

Why credit card applications always fail

More often than not, the reasons for applying for a credit card are both objective and subjective. On the one hand, the bank's review criteria for applicants are sometimes more stringent or in order to optimize the risk of controlling the amount of cards issued, on the other hand, it may be the applicant's own conditions do not match the bank's requirements, poor credit history and other problems caused by the application was rejected.

1. The applicant's age does not match: credit card applicants to meet the age of 18 years of age or older, have full capacity for civil behavior of Chinese citizens.

2. The applicant's work income does not match the applicant to have a stable job and a legitimate source of income, with a job and income can ensure that the applicant can pay off the credit card card account.

3. The applicant's personal credit is not consistent with the bank will review the applicant's personal credit, if there is a stain on the personal credit the bank will not pass the application.

4Applicants can't be contacted:The bank will contact the applicant several times during the audit period to verify the personal situation, if the applicant's cell phone number or address reserved in the bank is not correct, resulting in the bank can't contact the applicant, the bank's credit card application will not be approved.

5. Applicant health reasons: the application of the health problems of the bank in the audit of the applicant will be the applicant for wind control, to consider whether to give the applicant a credit card.

6. The applicant's assets problem if the application of credit card level is relatively high, the bank will let it provide appropriate proof of assets such as real estate certificates, car license, stock securities, bank deposit slips, pay slips, etc., if the application of the personal assets do not meet the application of credit card i threshold conditions, the bank will not be passed.

7. Frequent submission of applications Applicants frequently apply for the same bank credit card, submit the application form many times or cancel the submission many times, which also leads to insufficient credit card applications.

There are generally several reasons why credit card applications fail:

Firstly, the information filled in the credit card application is not true and the application will be rejected.

Secondly, the applicant's own situation does not meet the conditions for the issuance of the card, such as not having a stable source of income and not being able to prove that he or she has the financial means to pay off the amount of money swiped on the credit card.

Once again, there is no branch of the bank in the place where the application is made, and in this case, the applicant will not be able to apply for a credit card of the bank.

Finally, a poor credit history is also a common reason for not getting a credit card.

Why is a credit card application not approved? The reason why the credit card application does not pass

Most people apply for credit cards is relatively easy, online customers have the opportunity to second-rate, however, there are a small number of cardholders will be caught in the cycle of "repeatedly rejected". Then, apply for credit cards why the audit does not pass? The reason for this is the fact that it is not a good idea to have a good time.

Applying for a credit card is not always easy, and it's hard to find the reason from the bank, because the staff will only send you off with "refusing to issue a card due to insufficient comprehensive scores".

Summarizing a few of the reasons why applying for a credit card is easy to be rejected by the bank, it is possible to refer to:

1, do not meet the conditions of issuance of cards

Credit cards are not only graded, but also specific types of cards will have special application conditions, such as the student card, women's card, membership card, or an age limit.

It is recommended that you apply for a credit card based on your own creditworthiness to choose a card level that suits you, and not to blindly pursue high-end credit cards. In addition, when applying for a card, you should understand clearly the conditions of the bank's card, and apply for a card rationally. On the other hand, every time you apply for a credit card that does not match your creditworthiness, it is normal for the bank to be unable to pass the examination.

2, application information less

Card applicants must pay attention to the authenticity and completeness of the application information, which is an important basis for the bank to approve the card, the first time you apply for a credit card, these information is particularly important, to provide false information, the bank, once verified, then, the audit is not pass.

If you can provide real estate certificates, vehicle license, large deposit documents, proof of financial management, etc., be sure to show up, and it is best to choose the branch into the pieces of the card.

3, credit has a stain

Personal credit is one of the important reference factors for banks to review the creditworthiness of individuals applying for a card, if you have had a bad credit record in the past, such as credit cards, loans, late, cash, etc., then, apply for a credit card audit is not through.

4, the debt ratio is too high

Many people apply for credit card audit pass because of their own debt ratio is relatively high, the total credit limit of the credit card held by the use of a certain percentage, the bank in order to prevent the risk of the bank will choose to reject the card.

5, encountered black intermediaries

Application as much as possible to choose the bank's formal institutions, collect money to do card intermediaries and part of the roadside card application point many is to cheat money and user information, and can not be approved card.

The introduction of why credit cards are always not and why credit cards are always not approved ends here, I do not know if you find the information you need from it?