Pre-qualify credit card (Filing Bankruptcy on Credit Cards: The Last Resort. Read more ... ») bad credit (Best Unsecured Credit Cards for Bad Credit: The Many Providers. Read more ... ») list is creating by banks. They buy marketing list every month from a credit bureau such as Experian, Equifax, or the Trans Union. The list is about names of the consumers (Apply for Lowes Credit Card: How to Do It Correctly. Read more ... ») who have credit criteria of each bank. Thus, the bank is checking whether you are on the list or not. This soft inquiry does not come out on your credit report and will not harm your credit score (SAW Credit Card: The Main Function and Useful Rewards. Read more ... ») .
The list will have some detail information about your credit card including your score. The bank decides whether or not you have been pre-qualified for a credit card. While you are not on the list, does not mean you will be rejected. There some more specific reason why you have been rejected because almost 80% people in the list of pre-qualified credit card bad credit application is approved (Car Auctions in Dallas and Making Use of Technology. Read more ... ») .
Why would you be rejected?
The company will see about your job and salary. If you are jobless or unemployed and your salary just too low relative to your debt. You can be rejected even after you fulfill the basic requirements. If the credit bureau gives a full report, the bank will get more data. The incremental data may a reason you are rejected by the bank. The information not updated yet may be miss fortune for you to be rejected. The final decisions then usually make using the most up-to-date information about your information.
Where you can see if you are Pre-qualify credit card bad credit
The list of pre-qualify credit card is always updated regularly in a certain bank. You can see if you are pre-qualified or not trough CardMatch, Bank of America such as Barclaycard, Capital One, City Bank. You also can see through Citibank, at Credit One, U.S. Bank, or even American Express. By know it, you can take the future step if you are in the list of Pre-qualify credit card bad credit.