I am earning 30k a month but prev i had a bad record with credit bureau singapore but that has already been cleared many months ago...btw does overdue hp bills constitute to rejection of cards applications too???...im curious to know how to get a credit card approved..
2006-06-15 20:52:28 · 7 answers · asked by Guy_25 1 in Business & Finance ➔ Credit
and i dont even know where i am being blacklisted
2006-06-15 21:05:59 · update #1
Overdue bills-EVERYBODY reports to the credit bureaus-phone company, electric company, etc.
2006-06-15 20:58:47 · answer #1 · answered by Pup 5 · 0⤊ 1⤋
probably one of the contributing factors is that your just not taking no for an answer. i mean that in the best possible way.
your FICO score (and many other internatinoal scores like it) can be hurt if you keep having people look at it to determine your credit status. unofficially, it can temporarily lower your score up to 25% for up to three months!
as to why you couldn't get one in the first place, you were probably trying to get the wrong types of credit lines for your particular situation...you could actually be making TOO MUCH money.
otherwise, petition in person at a bank while trying to get a credit line. make a bank rep run the numbers right in front of you, and when he comes back saying no, ask him/her what your specific problems are, and if he/she can offer any tips on to how to correct this.
always remember that it could be something serious like your identity has been stolen and although it hasn;t shown up in your mailbox yet, flags have been risen that suggest that you might be a larger risk than outward apparences would lead you to believe. if none of this works, petition in person to a credit bureau and resolve the issues there so you can get on with your life.
2006-06-15 21:46:25 · answer #2 · answered by what? 6 · 0⤊ 0⤋
When they reject you, they are required by law to tell you what credit reporting company gave them information on you. You are entitled by law to obtain a copy of your credit report from these companies at no charge. Just write them, state that you were denied credit based on the report, and request a copy. When you get the copy, go through it and if it contains erroneous derogatory information, write the reporting company and dispute it.
2006-06-15 21:32:28 · answer #3 · answered by NotEasilyFooled 5 · 0⤊ 0⤋
It doesnt matter if u earn 100k a month, u need to dicipline yourself to pay bills on time. Any overdues bills if company decides to blacklist u they can.
2006-06-20 01:59:44 · answer #4 · answered by mc_691 3 · 0⤊ 0⤋
Just check with the credit burear. There have been cases where they have not updated individuals records even though they've cleared up the issues.
Conatct them, check your record and get them to update if necessary.
2006-06-15 22:37:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
For sure you are on some kind of black list that's why you are constantly rejected.Get your lawyer to look into it so he/she can clear your name.
2006-06-15 20:59:51 · answer #6 · answered by telis_gr1 5 · 0⤊ 0⤋
over your limit...
2006-06-15 20:58:16 · answer #7 · answered by the_silverfoxx 7 · 0⤊ 0⤋