I applied for a Secured Credit Card with US Bank, and I called them and they declined me because my DTI is slightly too high and if that is slightly lower than they would approve me. However, I cannot figure out how they are figuring it out by my DTI is slightly too high. My two revolving accounts are Discover which is $198 and a Capital One which is $686. Both are closed accounts. Discover had a $200 limit and Capital One had a $590 limit. I also have 1 collection account for AmSher and the original creditor is T-Mobile and the balance is $1,814. My yearly income is $13,020. They asked me do I receive any other income and I said no but the only thing I receive is a $650 rent rebate once a year and they put that in and it is still slightly off. They asked me too confirm $650 even not $653 or $659 and I said it is just $650.
