Tag Archives: Credit Denial

How to fight a credit denial

There are several ways to fight a credit denial.

The economy may be improving, but many consumers may still find it difficult to get any kind of loan.

However, there are a number of ways for those seeking a loan to get one even after they get rejected, according to CNN Money. If, for example, a consumer is denied for a credit card, the company that rejected them usually sends a letter explaining the denial. If one of the reasons was a low credit score, the consumer is entitled to a free credit report within 60 days.

The consumer can also dispute what they feel are inaccuracies at) the credit bureaus with a letter, and the bureau has a month to investigate the claim, the article said. Read the full post