What Do I Do If I Get Denied For A Secured Credit Card?

Asked By: Nicholas Edwards Date: created: Mar 04 2022

Can you get rejected for a secured credit card

Answered By: Louis Campbell Date: created: Mar 04 2022

Getting rejected for a secured credit card might be a surprise. After all, you’re paying a security deposit to protect the card issuer in case you don’t make your payments. You may be denied if you have a bankruptcy on your record, a history of missed payments, insufficient income or other red flags. But don’t give up.

Asked By: Jack Bryant Date: created: Jan 08 2021

How long does it take to get approved for a secured credit card

Answered By: George Baker Date: created: Jan 08 2021

two to three weeks

Asked By: Jesus Martin Date: created: Jan 14 2021

Does applying for a secured credit card affect your credit score

Answered By: Fred James Date: created: Jan 15 2021

You may be applying for an unsecured card but get offered a secured card, or you could be applying for a secured card in the first place. A hard inquiry is likely to decrease your credit score slightly for about a year. One application for a card should be fine.

Asked By: Dennis Bryant Date: created: Dec 21 2021

What credit score is needed for a secured credit card

Answered By: Jaden Parker Date: created: Dec 21 2021

What credit score do you need to get approved for a credit card?

FICO score Recommended credit cards
700 to 749 (Good) Capital One® Savor® Cash Rewards Credit Card
600 to 699 (Average) Capital One® QuicksilverOne® Cash Rewards Credit Card
Under 600 (Rebuilding) Discover it® Secured

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Asked By: Peter Rogers Date: created: Dec 06 2020

What is the easiest secured credit card to get

Answered By: Norman Smith Date: created: Dec 06 2020

Easy Credit Cards To Get Approved For:

First Progress Platinum Elite Mastercard® Secured Credit Card: No Bank Account. Fingerhut Credit Account: No Annual Fee. Capital One® Secured Mastercard®: Low Deposit. Credit One Bank® Platinum Visa® for Rebuilding Credit: Unsecured.

Asked By: Graham Cox Date: created: Oct 06 2021

Why would I get declined for a secured credit card

Answered By: Morgan Butler Date: created: Oct 08 2021

The most common reasons people are denied for a secured credit card include having a bankruptcy or tax lien on their credit report, not having enough income to meet their monthly obligations, and having an extremely low credit score.

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