Banks and credit card companies have a goal and that is to sell you a credit card. They will chase after you, get forms filled and leave you under the impression that the card is yours and it all comes under the banner of ‘pre-approved’. But here lies the catch, pre-approved does not mean you have got the card. It means that you are now being considered as a potential customer. Actual acceptance happens after a series of checks are carried out on you, your bank account, your credit history and your financial status.

The reasons for rejection are many. You may not qualify for a credit card either because your payment history is poor or non-existent which means the company does not have a record of your spending and so has no idea of how you stand when it comes to repaying debts. If you are irregular with your bills and payments then that does no good for your prospects of getting a card. If you have started a new job recently then the credit card company may like to wait to see if you maintain your employment, move on or regress, as the case may be.

One way of solving this problem would be getting in touch with the same agency that the company used to assess your worth and get a free copy of your credit report. This will give you an idea as to how bad your situation is and you can take the necessary steps to clear all your dues. A poor credit rating can be fixed by making bill payments on time, having no existing debts, etc. Later, when you have had a chance to clear up and sort out your finances, you can reapply for the card. This time the company check will reveal a different story and they may then consider you as a viable risk. Now with your clean record and good payment history the card should come to you in a matter of days.

To read more about credit card applications and other credit card information, visit Jill Kane’s site at http://www.yes-credit-cards.com