How to write a reconsideration letter for denial of first time credit card application?
July 23rd, 2009
please can somone help me on How to write a reconsideration letter for denial of first time credit card application, this is as a result of insuficient number of credit reference and insuficient established revolving credit accounts
Don’t waste your time doing this…Your letter will get thrown away in 1.5 seconds.
Do not send the creditor a letter asking them to reconsider your application. They are going to take one glance at it and throw your letter in the trash. The creditor previously reviewed your application and decided against you. They are not going to waste another second on you. Work on establishing/improving your credit history for at least another year before submitting a new application to that creditor.