Credit Card Use -Reconsideration

What is reconsideration? How's the process?

When you apply for an instant approve or are unfortunately rejected, you can call the staff who are responsible for reviewing your credit card application and request a review of your application.

Process: Call - Check identity - check application information, answer questions - wait for results 

What does Recon do?

In general, credit card applications are reviewed (pending for further review) or rejected in the following cases, the corresponding recon functions as follows:

Credit history/scores are not strong enough: Recon can communicate with the person who reviewed the applicant, express your own repayment ability and credit history, and gain the trust of the auditor.

There is a problem with incomplete/address application: Recon can immediately know what materials are needed and can continue to review it as soon as possible to expedite the process.

Too many applications: Recon can get your application reviewed by analysts immediately and get the card as soon as possible.

Considered duplicate application: Recon can make it clear that these cards are really needed to allow the review to continue.

Recon's main role is the first, such as a poor indicator on your credit history (short-term HP/new accounts, high debt ratio), resulting in a low credit score, resulting in an application that does not pass immediately. At this time, and auditors to communicate, confirm your credit worth, often can pass.

What are the main questions Recon asks and how to deal with it?

Recon's main reason is that we want to show the analyst that we have sufficient reason and the ability to hold this card. So it's easy to answer questions from this point of view. Common situations and problems are as follows:

Check your address, SSN, etc.

All required information is required on request.

How many of your recent HP/New Accounts are?

I've had to spend a lot of money recently, so I've applied for multiple credit cards.

Each card works differently and works for me.

I have a good credit history and pay them back on time every month, and I am fully capable of managing these credit cards.

Why did you apply for this card?

Good use, list the advantages of the card, it is best to combine their own situation notes.

What is your repayment habit?

Just follow your own instructions, such as paying off your monthly bill. If there is miss over payment, be sure to state the situation and indicate that it will not be miss editing later.

What is your job, what's your salary, what's the rent?

According to their own circumstances, it is best not to falsely report;

Student's words can indicate their bank deposits and family support;

The credit limit we give you is enough, can we transfer a portion of the amount from the other card/ turn off a card?

General transfer quota on the explanation, accept it;

In order to open this one, turn off a card from the same bank, you need to measure it self-measuring value is not worth it.

We can't go through your application.

Repeat your credit history and history;

Request a transfer quota card (see question above);

Hang up and call again recon;