Rejection 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.

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.

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 Credit Card Competition Act (S. 1838/ H.R. 3881) sounds like a bill that small businesses should support, but the effects – driven by federal credit card routing mandates - would have ...

As average rejection rates for credit card applications for 2023 edged up to 19.6 percent (from 18.5 percent in 2022), these consumers in particular may be finding it harder to get new credit ...

Small businesses are the backbone of the Washington economy — employing 1.4 million workers. Unfortunately, these businesses are facing a huge financial strain because of excessive credit card ...

Job applicant receives Amazon gift card with rejection letter, Reddit reacts. By Trisha Sengupta . Sep 10, 2023 11:32 AM IST . Share Via. Copy Link.

Whether it’s with sheet cake or walls proudly displaying rejection letters, students and adults are finding a new joy in the word “no.” At the annual rejection party at Downtown Magnets High ...

Credit rejection rates were higher in June than earlier in 2024 but slightly lower than a year ago, new data from the Federal Reserve Bank of New York said on Monday.

Pay EMIs and credit card bills on time It is important to pay your EMIs and credit card bills on time. Not doing so hurts your credit score and lowers the chances of a successful loan application.

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.