Finance & Business

Nov 5 2017

Credit Card Approval Process #three #credit #reporting #agencies

#credit card approval

Other People Are Reading


When you are planning to put in an application for a credit card, you should first take some steps to support smooth approval of your credit card application. Order copies of your credit reports from Transunion, Experian, and Equifax. According to the Federal Trade commission, you are entitled to a free copy from each of the credit bureaus every year. Look carefully for incorrect negative information, and file a dispute if you find any. The credit bureaus must investigate the dispute and remove the negative information if it cannot be verified. Once the disputes are resolved, you can apply for a credit card and will have a better chance for approval.


Apply for the credit card by your preferred method. Most people fill out their applications online. Make sure you are using a secured website if you do this. says you can confirm this by looking for “https” in the site address. You can also send in a written application or apply by phone if you are not comfortable providing so much personal information online.


If you apply online and are approved, you will usually get your response within minutes and the card will be mailed to you later. According to the website, many online applications can be approved in as little as 60 seconds. Sometimes you will get an immediate approval over the phone. Written applications take the longest to get approved because of the time it takes for the application to go through the mail system.


If your credit card application is not approved, the credit card issuer must give you a reason and provide you with the contact information for the credit bureau that was used to obtain your report. According to Credit Shout, if the reason given is vague, you can write a letter demanding a more detailed explanation. If you feel that your application was rejected based on incorrect information, file a dispute with the credit bureau. If it is corrected, contact the credit card company to let it know and ask it to reconsider your application, if you desire.

Written by pharma auto insurance apartment car quote rental score loan real estate income travel usa free student credit

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.