Chip Lupo, Credit Card Writer
@CLoop
Your BankAmericard Secured application may have been denied for various reasons, such as insufficient disposable income, a recent or unresolved bankruptcy on your credit report, or being under 18 years old. You should receive a letter from Bank of America explaining the reason for the denial.
Possible Reasons Your BankAmericard Secured Application Was Denied
- Income is too low or unstable
- Under 18 years old
- High debt relative to your income
- Too many recent credit inquiries
- Late payments on your credit report
- Using too much of your available credit
- Errors on your credit report
- Unresolved bankruptcy on your credit report
- Errors on your application
- Forgotten credit freeze, credit lock, or fraud alert on your credit reports
If you feel your application deserves a second look, you can call Bank of America customer service at (800) 732-9194 for further clarification.
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