Due to the recent economic crisis, it has become quite difficult to get a mortgage, vehicle loan, and even a credit card. If you a bad credit score, it’s very difficult. But if you have a good score, yet your credit card application gets rejected, you have to right to challenge it.
Get a Copy of Your Credit Report
Under current credit law, you are entitled to receive one copy of your credit report from each of the three credit bureaus (Trans Union, Equifax, and Experian) without any cost. Once you receive you rejection letter, find out which credit bureau provided information to the creditor.
Now, send a copy of your credit report and the rejection letter, along with a letter that mentions your personal details including name, address, Social Security, and so on, which makes it easier [...]