i got turned down for a card because they said they couldnt verify my identity in accordance with the US Patriot Act. WTF DOES THAT MEAN

i wonder if i could get a victoria's secret card?

__________________
The greatest asset they all have is themselves. And yet does anybody promote that to them? Does anybody tell them that they are the greatest asset they have? Or are they steered to idol worship? Are they moved, are they motivated, are they inspired to look at the president or any politician as their only salvation? If they are, it's just a shame.

My first stop with credit was a 500$ credit limit with a capitol one card. My dad also co-signed on a car with me when i was younger. Since then its all been great. I happen to know a decent amount about credit..seeing as how i work at a car dealership and deal with peoples credit often.

Heres a few words to the wise:
Get a small credit card with a low limit. Use it for gas and such and pay if off each month.
Once you have some credit established..when you get a credit card offer in the mail..call the number and try to get approved.
It is always a positive thing to have credit lines open showing up on your credit report. As long as they get payed off each month. It lets the person looking at your credit know that you are a responsible person that doesnt max out every card as they get it.
NEVER EVER CANCEL A CREDIT CARD. This looks terrible on your credit.
Credit reports show everything including what your outstanding monthly balance is on all outstanding loans. It will also show cars loans that you may of had but have been payed off. That looks stellar on credit.
Get someone to co-sign on a car loan with you..as long as you make the payments..it only helps both parties out.
Also remember the more cards you apply for and get turned down..affects your score.
It is never good to have too many inquiries on your credit...It hurts your Beacon score...if you have something like more that 40 hits on your credit, it can make your score go down.
Your Beacon score is really only looked at if you are going to buy a home..lenders hate to see credit that has had everyone and thier mother look at it. Everytime you apply for credit..or anytime your credit is pulled..it counts as one hit on your Beacon.


You might be having a hard time due to your debt to ratio income....by that i mean..you may have none. Which would signal no credit...or a very short term of credit.

I have A+ credit, but recently when i bought my car...my credit score was down due to the fact of my debt to ratio income..it showed that i have alot of loans plus another car loan. So my boyfriend co-signed with me. Since i have payed off my previous car loan and my credit scrore is high again.

I for one am a credit score whore...im always thinking of a way to improve my credit. Credit is such a big factor when it comes to making large purchases..and even buying a home. Im sure you knew all of the above..i just wanted to see if i could help at all.

wow that was alot..sorry if i repeated myself...

I was going to suggest this. My own goddamn bank turned me down for a credit card.

Though that may be because I rarely have more than 200$ in my account.

Dude, look into that. Till you get it sorted out, don't leave the country.

well I dont plan to.
but i mean.. i got this credit card offer as a "you're leaving for school so..." type thing in the mail
and i sent it in, because hey why not? i had just turned 18 maybe a week prior
and then i get that back. WTF

__________________
The greatest asset they all have is themselves. And yet does anybody promote that to them? Does anybody tell them that they are the greatest asset they have? Or are they steered to idol worship? Are they moved, are they motivated, are they inspired to look at the president or any politician as their only salvation? If they are, it's just a shame.