Personal Finance
What to Do If You've Been Denied Credit
Find out why lenders may deny you credit and steps you can take if you are denied.
What you will learn:
- Lenders use the information in your credit report as one way to predict your risk as a borrower
- Lenders may deny you credit based on certain information (or lack of information) in your credit report
- Make sure to ask your lender why they have denied you credit
- Practicing good credit habits may make lenders more likely to lend to you in the future
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