 TITLE: I Applied for a Credit Card: Now What? CONTENT: You May Be Denied\n-----------------\nBut what happens if a credit card issuer turns you down? If you really want this particular card, don't panic. Take action.\nThe Fair Credit Reporting Act and the Equal Credit Opportunity Act require the issuer to send you an adverse action letter that explains why you were denied. Something on your credit report may have triggered the denial (such as a collection account or a bankruptcy). Maybe your credit scores are too low, your debt too high or your income insufficient. Whatever the reason, you're entitled by law to a free copy of the credit report the lender used to make its decision. If the lender used your Experian credit report, you can get your free report by going to Experian's Report Access page.\nIf you have new, positive activity that offsets the old problematic history, consider contacting the credit card issuer and asking them to reconsider. On second review, the issuer may find you to be eligible after all. END