2006-11-29 08:13:20 · 10 answers · asked by Chariddie 3 in Business & Finance ➔ Credit
Every year you can obtain a free copy of your credit report from all three credit reporting agencies. Go to the website www.annualcreditreport.com. You will need to enter all your information and then your credit report will be sent to your email address.
Your debt to income ratio is the number one reason why you may not be getting credit. Your debt cannot exceed over 1/3 of your salary. Other indicators why you have been declined include: no prior credit history, late payments, collections, etc.
2006-11-29 08:26:12 · answer #1 · answered by knesa27 2 · 1⤊ 0⤋
Because you've probably never paid anyone back as promised before.
Find a local credit union, and ask one of their bankers for help. They can look at what your credit is like today, and map out how to fix it to meet their own standards. Then they'll lend you money at good interest rates. Especially if you bank with them, or give them some cash they can lock down for you and lend back, like a secured credit card, where you deposit $1000 into a bank account you can't really access, and they give you a credit card with $1000 limit. Great way to get back on the credit track.
2006-11-29 08:49:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You may have been refused if you have been in debt recently or have never had any type of credit before.
An error in your details that you supplied e.g. wrong address may also affect you getting credit.
Equifax is one of the credit reference agencies companies may use when checking your credit history. You can purchase a copy of your credit report from their website.
2006-11-29 08:20:51 · answer #3 · answered by ♥Miss Inquisitive♥ 5 · 0⤊ 0⤋
If you been turned down you can ask for a free credit report.
2006-11-29 08:29:59 · answer #4 · answered by Tedi 5 · 0⤊ 0⤋
1) Not enough income or job history
2) Poor credit from past obligations
3) Applying for beyond your means
Here is some additional info. Hope this helps.
2006-11-29 08:17:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋
There could be a possibility of reasons. You could not have any or enough credit, or bad credit. If you go to www.myFICO.com, there are lists of reasons from Fair Isaacs.
2006-11-29 09:12:55 · answer #6 · answered by Mariposa 7 · 0⤊ 0⤋
depends on how old you are and your credit history. Do you have bad credit history? Then there is your answer!
2006-11-29 08:21:00 · answer #7 · answered by Songbird 2 · 0⤊ 0⤋
maybe you got into too much debt or youve had cheques that bounce. If you got into debt as a student it can affect your credit rating later on in life.
2006-11-29 08:21:42 · answer #8 · answered by angelstar 4 · 0⤊ 0⤋
You're a great, honest person. ...there you go.
2006-11-29 08:19:32 · answer #9 · answered by Wil T 3 · 0⤊ 0⤋
http://www.experian.com/
Try this link.
2006-11-29 08:15:44 · answer #10 · answered by richard_beckham2001 7 · 0⤊ 0⤋