 TITLE: Can People With Excellent Credit Be Denied? CONTENT: Why You Could Be Denied With an Excellent Score\n-----------------------------------------------\nIn addition to your credit rating, creditors look at a variety of factors to determine your creditworthiness. Here a few of the common scenarios that could get in the way of your approval:\n*   **Insufficient income**: While income isn't factored into your credit scores, some lenders do have minimum income requirements. Earning less than the minimum could signal to a lender that you may have a difficult time covering a new debt payment.\n*   **High debt-to-income ratio (DTI)**: This calculation looks at how high your debt payments are in comparison to your income. Even if you make good money, high monthly debt payments could indicate financial instability and may cause lenders to view you as a risk.\n*   **Employment history**: A short or unstable employment history may be a deterrent to creditors. Some lenders even want to see that you've been consistently employed for at least two years, and may want to verify your employment before approving your loan application.\n*   **Savings or cash assets**: Lenders may want to see that you have savings or other cash available. Showing that you have money set aside assures creditors that you have the means to make your loan payment if an unexpected expense comes up.\n*   **Other negatives**: Some negative items on your credit reports have little or no impact on your scores, but are still a red flag for creditors. Unpaid debt, for example, can be a cause for denial. Some lenders may ask you to pay off old collections before approving you for a new loan. END