Blog Archives: tag "Credit Card Applications"

Credit Card Declined, Credit Card Denied, Credit Card Alternatives

Credit card companies are turning down more applicants with good credit scores than ever before as a result of algorithms designed to maximise profits, ruling individuals who are credit worthy as being bad for business, damaging their credit profiles in the process.

The process of vetting such individuals is designed to filter out customers that will prove to be unprofitable, like those who clear their balances every month and generally keep their accounts in good order.

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