Declined for a Credit Card: What to Do Next
CreditStrong for Business
OCTOBER 30, 2024
If you only missed one credit card payment a few years ago, it’s likely that something else contributed to your application denial. Too Much Outstanding Debt How much debt you owe is worth 30% of your FICO score. That makes it the second most significant credit scoring factor after your payment history and almost as impactful.
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