Credit card application
Rejection of credit card application
As time progresses, more and more people are joining the revolution called Credit card. Yes, its really a revolution. Now you dont need to worry about how much cash you have in your pocket when you go shopping, just carrying this small piece of plastic (credit card) is enough to assure you of a good shopping treat. You can use your credit card to order things from the comfort of your home (on the internet). So the number of credit card applications seems to be on the rise. However, not every credit card application turns into a physical credit card. Some credit card applications get rejected too.
Lets check why a credit card supplier would reject a credit card application when he has spent so much time and energy (and money) on wooing new customers.