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Further
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Beyond Startup - Are You Stunting the Growth of Your Home-Based Business? - Elena Fawkner
Beyond Startup - Are You Stunting the Growth of Your Home-Based Business? © 2002 Elena Fawkner If you’ve left the corporate world to strike out on your own in your own home-based business, you'll be acutely aware that your financial success...
6 Steps to Effective Management During Change - Karin Syren
Take the pain out of gain and decrease the upheaval surrounding change by following six commonsense steps to effective management. Step 1: Establish Objectives The process must begin with a clear and detailed statement of objectives and...
The Vanishing Mail - Elaine Currie BA Hons
It all started in the early part of the twenty-first century. In the early days of email we were thrilled with its speed and reliability, far superior to "snail mail" but there's always somebody who has to go and spoil things for everyone else. In...
How To Create A Complete Referral Marketing System - John Jantsch
These steps are taken from the Referral Flood Marketing Program. Referral Flood is an insider’s shortcut to referral marketing and features over 4 hours of audio training, 54 real-world referral marketing systems, and a host of referral marketing...
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4 Steps You Can Take If Your Online Credit Card Application Has Been Refused
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Written By:
Wes Atkins
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Help! I’ve Been Turned Down
You received an envelope in the mail with a great offer for a low interest credit card. You read all the details, even the boring small print and decided that this card fit your needs to a tee. You filled out the required forms and anticipated the day that the card would arrive – you even got to pick which background you got. However, what came in the mail was not an acceptance and a brand new card but a denial. What is your first reaction? Perhaps anger. Perhaps sadness. Perhaps fear. Yet none of these will help you get a card!
So, what should you do?
1. The first thing to do is read the letter carefully. Two important pieces of information must be included in the letter you receive when you're credit application is disapproved: The specific reasons you were denied credit, or information on how to obtain those reasons, and, if a credit report was used in making that decision, the name and address of the credit reporting agency. Here are some possible reasons for denial:
Haven’t lived at your current location long enough
Haven’t been employed at your current job long enough
Your income is not sufficient to meet this particular creditor’s minimum income requirement
Information supplied by the credit bureau
2. If the reason for your denial is unclear to you, then call the company for clarification. What were the exact reasons? What were the exact standards that you did not meet? This information is important to know and understand. If you apply for credit again and are turned down, then this - continued below ...
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reflects poorly on your credit report. The best advice for this situation is to wait at least 6 months if you have been denied by two different companies in quick succession.
3. If you've been denied credit because of information supplied by a credit bureau, federal law requires the creditor to give you the name, address, and telephone number of the bureau that supplied the information. You should contact this agency for a copy of your credit report. Federal law states that you are entitled to a free copy if you’ve been turned down. Once you receive your report, check it for accuracy. Up to 40% of reports have errors. If you find an error, then you need to report this to the bureau in writing. Be sure to send along whatever proof you may have. Getting the credit bureau to investigate an error will not cost you anything and will save you a lot of time and frustration when it is corrected.
4. If mistakes on your report led to the rejection of your application, ask the credit bureau to send a corrected copy to the lender. Then you can ask the lender to reconsider your application. If however, you were denied because of a poor rating, only better spending habits and time will help you get the credit you desire.
Wesley Atkins is the owner of http://www.credit-cards-advisor.com- which aims to get you fitted with the best credit cards to suit your situation. With numerous credit card articles and easy online credit card applications you will never choose the wrong credit card again.
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A Secured Loan Could Save You Money - Bwalya Mwaba
What is a Secured Loan? A secured loan is any loan that is secured on your home or property. It is any loan which requires you to provide the lender with some form of security other than just a promise to pay. The security will be your property...
10 Attributes of Effective Meetings - Steve Kaye
Here are ten fundamental concepts that characterize an effective meeting. Definition: A meeting is a business activity where select people gather to perform work that requires a team effort. A meeting, like any business event, succeeds when it is...
Starting an On-Line Home Business - John Baker
When looking for a business on the internet you should consider a number of things. One thing is stability- with many scams on the internet you should look for a business that has been around a few years. Another is to see how many members they...
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