 TITLE: Does a Declined Loan Appear on Your Credit Report? CONTENT: Credit Rejection Isn't a Mark Against You\n-----------------------------------------\nA credit card or loan rejection will not be recorded on your credit report, nor will it directly impact your credit scores. Credit applications will likely result in a hard inquiry, but their impact, if any, is usually minor and will not be considered by credit scoring models after one year.\nTo improve the chances that you'll be approved for credit the next time around, you may want to take a look at improving your credit. For example, if high credit card balances are holding back your credit scores, you may want to consider taking out a consolidation loan and paying off your credit card debt. This will not only result in a lower utilization ratio, but you can also convert high-interest credit card debt to less-expensive installment debt.\nAnother way to potentially improve your score is to have your phone and utility accounts added to your Experian credit report using the free Experian Boost™† tool. Boost adds on-time payment history for accounts that otherwise wouldn't show up on your credit report, and may improve your scores instantly. END