Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Posted in Credit Cards
why can't i get approved for a credit card when my score is 768?
Profile Image

Question By

0 Contributions
0 People Helped
All Responses
Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Most Helpful Response
Helpful to 1 out of 1 people

Would need to know more about your situation to make a fair assessment. But, factors outside of the score comes into play, such as your income-to-debt ratio, mix of credit, number and frequency of inquiries into your report over the last two years, etc.

If it looks like you are desperate to get credit, you will likely be denied regardless of your score, as you would be deemed risky going forward.

You income vs. your outlays come into play, and if it takes you above certain thresholds, they won't grant you credit because it takes you above a risk threshold.

If you are denied, the banks are required to give you at least a high-level reason why you were denied. If you are not receiving those letters, follow-up with those banks to get some additional details.

Top Contributor

Response by

255 Contributions
106 People Helped
Helpful to 1 out of 1 people

It may be that lately you have been shopping for credit and they see hard inquiries on it.

Response by

5 Contributions
9 People Helped

May be new credit history. Credit card companies check for atleast a year history

Response by

1 Contribution
0 People Helped
Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Reply to this Question

Write your response:

Enter Your Comments
Submit to the Community