Yash Bhatia
KF Rookie
What are the possible reasons of rejection on applying of any new credit card of any bank. If my cibil score is more than 800 as per onescore app. And I already have 5 different bank credit cards??
Rejection of new credit Card
- Thread starter Yash Bhatia
- Start date
Skylar
KF Master
Policys change from bank to bank.
- Most common is if there are any late payments or defaults.
- Over Leveraged. Overall Credit limit of all cards is more than your income.
- Number of Hard enquires in past 3 months.
- Failure of Office or home address verification.
- Derogatory marks on credit report (errors in credit report)
- Insufficient Credit history.
- Most common is if there are any late payments or defaults.
- Over Leveraged. Overall Credit limit of all cards is more than your income.
- Number of Hard enquires in past 3 months.
- Failure of Office or home address verification.
- Derogatory marks on credit report (errors in credit report)
- Insufficient Credit history.