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Is it possible that my credit I recently applied for a
credit card, but was denied.
The reason was the company I
work for does not meet their
requirement or that the
company does not earn much or
to that effect. Does this also
mean that the company is at
the verge of closing?
They told me that I passed the
salary requirement. Except for
the company because it is not
earning that much. Actually,
this is the first time I heard
of this. It is a bank in the
middle east. I can't believe I
got denied because my company
has a poor credit score?
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Your application for a credit card is denied, it has nothing to do with the company you worked for. It is more likely that the income you earned with the company, is insufficient for them the approved your application. |
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No, you must have misunderstood. They accept or reject based on YOUR income and credit history. |
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I think you mis-read what the reason was. The company you work for has nothing to do with being approved or denied for a credit card. Most likey they were talking about your income did not meet the minimum requirements to get approved. |
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