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A credit card rejection isn't a personal slight, but it can sure feel like one. Here's how to learn from it and set yourself up for success next time.
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Rejection rates are rising for loans and credit. Here's how to boost your approval odds. - MSNRejection rates for credit cards, mortgages and auto loans all rose in 2024, and are all well above pre-pandemic levels. Rochester resident Ali Sifuentes knows what it's like to be denied credit.
To get a foothold on recovering, address the specific issue cited in the card company letter citing the card rejection, which has to be sent to you in 30 days or less.
Rejection rates for credit cards, credit card limit increase requests, mortgages, and mortgage refinance applications rose to 21.5%, 30.7%, 13.2%, and 20.8%, respectively, the Fed said. What are ...
The bank said that in the current year the rejection rate for credit cards, mortgages, auto loans and other types of borrowing exceeded levels seen in 2019, before the COVID pandemic struck.
The bank said that in its June Credit Access Survey, credit rejection rates rose to 21.4% as of last month, relative to the 18.7% rejection rate seen in February.
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