@eblackman wrote:
Hey everyone and sorry for asking this question but what is the general rule time frame for reapplying for previously rejected credit card applications:
here is my history:
Mid - March rejected Chase Sapphire card rule 5/24
Mid April - Rejected Citibank AA card
Early April - Suntrust Travel Rewards- I have been acustomer with them 20 years and had a mortgage with them 2013 but did short sale my credit score could have been perfect they are never giving me another loan again. LOL
E
There is 2 answers to you question.
1-) When the min required time frame has passed, such as some companies will deny you before they even pull your credit report if you were denied within the last 30 days from them. This may depend on the creditor, but most have a minimum of 30 days before you can reapply with them again.
2-) This is the smarter answer and should be the one to go by. When the denial reasons are fixed in your credit report. If you apply for a credit card from Bank A, and you are denied, and you wait 2 months and apply again with no improvement to your credit report or credit score, than most likely you will be denied again. So the earliest time to reapply would be when you have fixed at least one or two of the - let's say - 4 denial reasons that were in your rejection letter. If couple of those reasons are taken care of, the you should definitely see an improvement in your score too, and that is when you reapply again for that card, or even a better one.
6/14/15: Equifax 576 Experian 542 Transunion 571
8/17/15: Equifax 626 Experian 619 Transunion 622
9/28/15: Equifax 655 Experian 636 Transunion 641
11/11/15: Equifax 698 Experian 687 Transunion 672
Short Term Goal Score: 720 Across the board
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Are you free Tuesday..?
