Stop the Cycle of Credit Card Rejection Today
If you’ve applied and been rejected for a credit card, read this before applying again.
Blindly reapplying for other cards can make the problem even worse as failed applications can damage your credit rating, making it even harder to obtain credit creating a vicious circle of rejection.
So, stop and assess why you’ve been turned down and then find the card most likely to accept you. Every card company has their own criteria for lending, so if one rejected you that doesn’t mean they all will.
Before you apply again, find out which cards match your profile using our advanced credit matching technology;, this clever service will tell you which credit cards you are most likely to be accepted for, without leaving a footprint on your credit record – so using it won’t affect your credit rating.
Don’t assume you’ll only get a “bad credit” card, you may be pleasantly surprised. But whatever result you get, use your new credit card to improve your credit rating.
How Does Our Advanced Credit Matching Technology; Improve my Chances of Being Accepted?
Every lender has different acceptance criteria, so it’s hard to know which card to apply for. Enter a few details and our advanced credit matching technology shows you the cards you’re more likely to be approved for – and those that might reject you.
Acceptance still isn’t guaranteed, but by applying for cards that our advanced credit matching technology; recommends, you are over 250% more likely to be accepted than people not using the tool. Being rejected is not only a waste of time, it can damage your credit rating, so simply by using our advanced credit matching technology you are taking a step towards a better credit rating.
What is a “Bad Credit” Credit Card?
Bad credit credit cards are designed for people who have had credit problems in the past or have little history of borrowing at all. If you fall into either category you represent an above-average risk to the lender, so you pay for that risk with higher interest rates and fewer special offers. As these cards are expensive, with the exception of strict use of the odd 0% introductory offer, they’re not great for new borrowing. But, if used sensibly – that means paying the balance off in full each month - they can help you build up a good credit score.
You’re likely to fall into the poor credit category if you have...
- A limited or nonexistent credit history
- Past issues like repeated missed payments
- Prior County Court Judgements
- Been declined by several other credit card providers
How to Improve Your Credit Score
Using a credit card the right way is one of the best means of improving your credit score and, over time, gaining access to better rates and products. Here’s how:
- Repay your balance in full every month. Setting up a direct debit is a fool-proof way to make sure that happens
- Stay within your credit limit
- Use the card. An unused card sitting in a drawer won’t help your credit score, you need to flex the plastic, even if it is only to spend a few pounds each month
- Miss your monthly payments
- Accumulate debt you can’t afford to pay off in full. Bad credit credit cards tend to have high APRs so it will work out as expensive, and could lead to you missing a payment and further damaging your credit score