sorry your application was rejected.

 

Sorry, your application for a credit card was rejected. Sound familiar? Credit card companies are rejecting 18,000 applications every day as they continue to tighten up on risky lending, according to research from MoneyExpert.com.

According to reports, more than 3.24 million card applications have been declined in the past 6 months, even more evidence that Britains love for credit has been ended in fast fashion from lenders.

MoneyExpert has voiced concern that these millions of rejected applicants – more than for any other form of credit – are harming their credit record, and suggests that each potential credit card customer get a free credit report and consider the strength of their credit rating before applying.