Aisha180: I applied for a “personal” unsecured bank loan, but they denied it because of a “Limited Credit History”?
All the websites I looked at about “Limited credit history” are talking about people who have never had a credit card in their life. I have three credit cards (Mastercard, Visa, and a gas card), the oldest one (the Visa) is 5 years old and my credit limit with all three combined is like $ 12k. All are in good standing, no negative remarks. Also, I have a student loan from the US department of education and it’s also in perfect standing. How long until my credit history isn’t “Limited” anymore?
To Blah — Thank you for your answer. Maybe it is because they think i have too much credit. But that doesn’t make sense still because they said my credit history was “too limited” not “too big”! Also, the bank I went to was where I have had a checking account for 8 years and the Visa card is through them.
To Blah — Thank you for your answer. Maybe it is because they think i have too much credit. But that doesn’t make sense still because they said my credit history was “too limited” not “too big”! Also, the bank I went to was where I have had a checking account for 8 years and the Visa card is through them.
Answers and Views:
Answer by Blah
denied it because you all ready have too much credit line
less then 12 to 24months is limited history
the bank you going too must only
*Lend money to the people who do not need it*
go to one of the banks were you all ready have a credit card and bank account with
tell them you Want a loan (that says to them Lend money to the people who do not need it )
not NEED a loan other wise no loan for you
Answer by queenHello,i Mrs queen Young from California US,I think you should check this lender out I am sure he can help you with the loan you are looking for because I got loan from him a month ago the process is very easy no credit check no cosigner,no collateral,with just 2%interest rate, here is the email,[email protected]
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