{"id":20133,"date":"2021-04-05T18:42:55","date_gmt":"2021-04-05T18:42:55","guid":{"rendered":"https:\/\/senhorpanda.com\/?p=20133"},"modified":"2021-04-05T18:42:58","modified_gmt":"2021-04-05T18:42:58","slug":"cartao-de-credito-negado-quais-os-motivos","status":"publish","type":"post","link":"https:\/\/senhorpanda.com\/en\/cartao-de-credito-negado-quais-os-motivos\/","title":{"rendered":"Credit card denied: what are the reasons"},"content":{"rendered":"
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Because V<\/strong>you can have your credit card application denied?<\/strong><\/h2>\n<\/div>
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\"Por
Why was my credit card application denied? (Image: Foregon)<\/figcaption><\/figure>\n<\/div>
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Asking for a credit card and not having it denied makes it much easier and increases our purchasing power. With it, you can walk without money and still take a product from an online or physical store to pay later.<\/p>\n<\/div>

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But there are some people who despite trying, continue to be denied credit. Therefore, today we are going to raise some hypotheses that may explain why your credit was denied at some institution.<\/p>\n<\/div>

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There are several reasons for you to have your credit card application denied. And let's face it, it's very annoying when that happens, especially after you've gone through several stages of the assessment.<\/p>\n<\/div>

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Usually the denied request is due to the client's condition. This means that the company will evaluate your profile as they expect to be sure that there will be no default. For this, they assess whether there are debts on your CPF, your credit score, your payment history, etc.<\/p>\n<\/div>

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On the other hand, there are some cards that do not take so much bureaucracy to be requested and are therefore easily accepted. But be careful with the interest rate they charge in case of late payments.<\/p>\n<\/div>

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5 main reasons for having your credit card denied<\/strong><\/h2>\n<\/div>
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5 main reasons for having your credit card denied (Image: Quite J\u00e1)<\/figcaption><\/figure>\n<\/div>
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Having a credit card is great, but you need to be responsible with your purchases and debt. However, if you had your credit card application denied and you don't know why this happened, now we are going to give you some of the main reasons that are always decisive when a company grants you access to credit or not.  <\/p>\n<\/div>

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Here you will know what you should do or what you should stop doing to finally get a credit card:<\/p>\n<\/div>

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dirty name<\/strong><\/h3>\n<\/div>
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\"Nome
Dirty name (Image: Partheson Assessoria)<\/figcaption><\/figure>\n<\/div>
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When you have overdue debts in your name or if you are on the records of credit protection agencies, such as SPC and Serasa, things get very complicated.<\/p>\n<\/div>

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To apply for a card, you go through an analysis of your consumer profile, so if the bank verifies debts in your name, it may deny your credit application due to insecurity in not receiving what is owed to you. The logic is simple: \u201cif this consumer has not paid this debt, will he pay the invoices for his possible new card?\u201d.<\/p>\n<\/div>

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This situation is decisive, having a dirty name can lead to the loss of many opportunities to acquire famous cards full of benefits. That way, the only way to get a reconsideration from the credit company is just to make the payment of your outstanding debt. So, on your next attempt, you can argue that you had a difficult financial period, but that has already been overcome.<\/p>\n<\/div>

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Another problematic situation for having your credit card denied is having your name too clean. That is, if there are no records of any previous bill in your name. In this case, the card operator will have difficulty analyzing your knowledge and knowing whether or not you are a good payer, and may feel insecure about paying your debts.<\/p>\n<\/div>

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The solution in this case is for you to register some bills in your name, such as the water bill, electricity bill and most importantly, pay them on time. This way the operator will know that you are active in the market and that there is a good payer record available to the creditor company.<\/p>\n<\/div>

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Finally, it is not enough just to have a clean name in the square, you need to demonstrate that you are a regular consumer, and especially an excellent debt payer.<\/p>\n<\/div>

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low score<\/strong><\/h3>\n<\/div>
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\"Score
Low score (Image: Cash Me)<\/figcaption><\/figure>\n<\/div>
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Each consumer in the market has a credit score, it is defined by a score that goes from 0 to 1,000 and is made by credit protection agencies such as SPC and Serasa. Late bills can mean a drop in your score, making it difficult to obtain financial transactions.<\/p>\n<\/div>

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In addition, it is from your credit score that banks and companies evaluate you to find out if it is worth approving your credit application. With a low score, you may have your card application denied. <\/p>\n<\/div>

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Whenever you're late or don't pay a bill, your name goes straight to Serasa and that's when your score starts to drop. In short, the score will define your chance of paying what you owe based on your market payment history.<\/p>\n<\/div>

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If you are between 0 and 399 points, it means that you run the risk of being in default. Those between 400 and 599 points have an average risk. If your score is between these ranges, you will hardly have an approved credit card. But we do not rule out the fact that even with this score it is possible to have a card.<\/p>\n<\/div>

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Now the points considered good are: those who are between 600 and 799 points represent on average 7 out of 10 Brazilians who pay their bills on time, so it may be easier to get credit.<\/p>\n<\/div>

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Therefore, those between 800 and 1,000 points represent 9 out of 10 people who pay their bills on time, those who are in this range are seen as someone who has a low risk of default. Having not only high chances of getting a credit card, but also a great opportunity to take out loans with very low interest rates.<\/p>\n<\/div>

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\n \n 4 lies you are told about your credit score <\/a>\n <\/h2>\n
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\n Did you know there are lies you hear about your credit score? Know what they are and see the truth! <\/p>\n

\n \n Keep Reading \n <\/path>\n <\/svg>\n <\/a>\n <\/div>\n <\/div> \n \n <\/div>\n
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