• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Just got rejected for a credit card :(

B

brunswickite

Diamond Member
I applied for the amazon CC and got rejected..

I have never had a credit card, and alaways used a debit card for all my purchases. I am 21 started working full time, make over 50k/y and have over 10k in my checking/savings. I assume I was rejected becasue i have no prior credit history. Can anyone recommend a "starter" card that I will def be approved for and has a decent points/reward program? Thanks for any help.
 
I just got an amex Blue Cash with no probs at all and i have limited credit history.
Now that you've been rejected you should be receiveing a document that tells you who they went through and you can get a FREE credit report back about your credit history. Get that done and make sure nothing bad is on there or mis-represented.
 
Originally posted by: brunswickite
Originally posted by: MichaelD
You make 50K/yr? What do you do? For someone that's 21 years old, that's VERY good.
Click to expand...

Network Consulting in NYC
Click to expand...

"Consulting?" To me, that means "Feast or Famine." Do you work on commission, or are you salaried?

Be careful if you work for commission; that money has a bad habit of drying up FAST just when you buy stuff.
 
Originally posted by: Drakkon
I just got an amex Blue Cash with no probs at all and i have limited credit history.
Now that you've been rejected you should be receiveing a document that tells you who they went through and you can get a FREE credit report back about your credit history. Get that done and make sure nothing bad is on there or mis-represented.
Click to expand...

That's the problem. It's probably empty. 🙂
 
Originally posted by: MichaelD
Originally posted by: brunswickite
Originally posted by: MichaelD
You make 50K/yr? What do you do? For someone that's 21 years old, that's VERY good.
Click to expand...

Network Consulting in NYC
Click to expand...

"Consulting?" To me, that means "Feast or Famine." Do you work on commission, or are you salaried?

Be careful if you work for commission; that money has a bad habit of drying up FAST just when you buy stuff.
Click to expand...

Salaried, with full benefits
 
Say what?
Did you do something bad in the past?
I don't see a reason they reject your request.
But once you got rejected, I don't think you can apply for a card again in 6 months.
Or is it only when you got accepted?
Anyway, you don't want an Amazon CC, go for a Citi reward card that gives you 5% for gas, supermarket, etc.
 
quit using the debit card already. use cc EACH AND EVERY time. then pay it off every month.
when u can, get a points cc like citi diamond preferred.

walla! awesome credit.
 
Originally posted by: Noirish
Say what?
Did you do something bad in the past?
I don't see a reason they reject your request.
But once you got rejected, I don't think you can apply for a card again in 6 months.
Or is it only when you got accepted?
Anyway, you don't want an Amazon CC, go for a Citi reward card that gives you 5% for gas, supermarket, etc.
Click to expand...

Never was in debt, was working since 2000 (summer jobs, interning), never arrested, not even a parking ticket. Plus i buy sh1t from amazon all the time. bastages..
 
Originally posted by: brunswickite
Originally posted by: Noirish
Say what?
Did you do something bad in the past?
I don't see a reason they reject your request.
But once you got rejected, I don't think you can apply for a card again in 6 months.
Or is it only when you got accepted?
Anyway, you don't want an Amazon CC, go for a Citi reward card that gives you 5% for gas, supermarket, etc.
Click to expand...

Never was in debt, was working since 2000 (summer jobs, interning), never arrested, not even a parking ticket. Plus i buy sh1t from amazon all the time. bastages..
Click to expand...

then get a secured card, car loan or any other secured credit.
 
Originally posted by: spidey07
Originally posted by: brunswickite
Originally posted by: Noirish
Say what?
Did you do something bad in the past?
I don't see a reason they reject your request.
But once you got rejected, I don't think you can apply for a card again in 6 months.
Or is it only when you got accepted?
Anyway, you don't want an Amazon CC, go for a Citi reward card that gives you 5% for gas, supermarket, etc.
Click to expand...

Never was in debt, was working since 2000 (summer jobs, interning), never arrested, not even a parking ticket. Plus i buy sh1t from amazon all the time. bastages..
Click to expand...

then get a secured card, car loan or any other secured credit.
Click to expand...

Whats a secured card?
 
Originally posted by: brunswickite
Originally posted by: spidey07
Originally posted by: brunswickite
Originally posted by: Noirish
Say what?
Did you do something bad in the past?
I don't see a reason they reject your request.
But once you got rejected, I don't think you can apply for a card again in 6 months.
Or is it only when you got accepted?
Anyway, you don't want an Amazon CC, go for a Citi reward card that gives you 5% for gas, supermarket, etc.
Click to expand...

Never was in debt, was working since 2000 (summer jobs, interning), never arrested, not even a parking ticket. Plus i buy sh1t from amazon all the time. bastages..
Click to expand...

then get a secured card, car loan or any other secured credit.
Click to expand...

Whats a secured card?
Click to expand...

Secured Credit Card
 
Yup, just get a secured card from your local credit union. What a secured credit card is is basically you putting down collateral of say $1000.00. Then you'll get issued a secured credit card which will have a credit limit of 1k. If you default on the credit card your $1k that you put down for collateral will be taken and you will not be getting it back. After one year of on time payments, and no delinquent marks on your credit history, you should be able to turn your secured card into a non-secured CC.
 
Originally posted by: Nocturnal
Yup, just get a secured card from your local credit union. What a secured credit card is is basically you putting down collateral of say $1000.00. Then you'll get issued a secured credit card which will have a credit limit of 1k. If you default on the credit card your $1k that you put down for collateral will be taken and you will not be getting it back. After one year of on time payments, and no delinquent marks on your credit history, you should be able to turn your secured card into a non-secured CC.
Click to expand...

I guess, I still want to try for a reg cc from a different, organization.. before i do the "secured card"

Also, is there some type of rule that you cant apply for a cc after you were rejected? If i apply for a different companies card do tehy see that i was rejected?
 
Well if you keep trying it will keep deducting points off of your almost non-existant FICO score. I highly suggest not to keep applying and applying. If Amazon was your first, then perhaps another won't hurt but if you keep trying it will eventually end up hurting your credit.
 
Originally posted by: Nocturnal
Well if you keep trying it will keep deducting points off of your almost non-existant FICO score. I highly suggest not to keep applying and applying. If Amazon was your first, then perhaps another won't hurt but if you keep trying it will eventually end up hurting your credit.
Click to expand...

I am gonna try for one more.. I will apply for my bank's cc, If I call and apply over the phone and tell them my situation is it possible they could tell me if i would be approved/disapproved before i even apply?
 
Originally posted by: brunswickite
Originally posted by: Nocturnal
Yup, just get a secured card from your local credit union. What a secured credit card is is basically you putting down collateral of say $1000.00. Then you'll get issued a secured credit card which will have a credit limit of 1k. If you default on the credit card your $1k that you put down for collateral will be taken and you will not be getting it back. After one year of on time payments, and no delinquent marks on your credit history, you should be able to turn your secured card into a non-secured CC.
Click to expand...

I guess, I still want to try for a reg cc from a different, organization.. before i do the "secured card"

Also, is there some type of rule that you cant apply for a cc after you were rejected? If i apply for a different companies card do tehy see that i was rejected?
Click to expand...

No, there is no real rule that I know about. No, the dont see that you were rejected. The thing to think about here is that you credit history tracks recent applications/requests for credit. If alot of these are done in a small time span it can raise an eye brow and caus the lender to think this person really needs credit bad. Then they ask why? Then it is followed by a summary rejection. Lenders look for people that know how to pace themselves and who dont make rash or impulsive decisions. I would say hold off on the credit applications for a month and in that time do some research there are tons of offers out there. goto www.creditcard.com. Its a great site for finding out what is out there.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top