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I got declined for a credit card today!

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biophase

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I have never ever had this happen before and it just frankly felt weird. My credit score is in the high 700's, maybe even low 8's. I have always had a ton of credit card offers and I do have alot of them right now. None of them have much of a balance. I like to keep my ebizes separate so each one has its own credit card and bank account. I think I have about 10-15 credit cards. I use only 4 of them consistently.

Just goes to show the tightening credit market out there. So I went from getting 4 credit card offers a week 6 months ago to not being able to get a credit card. LOL

The reason stated was that I had too many credit lines opened. I mean I only have 5 credit cards with this bank. What's one more? BTW, I applied for 2 more yesterday so we'll see if they get approved. My banker said he can get them pushed through.

Oh and I'm not going credit card crazy, but every time I start a new LLC, I always get a new credit card for it. It helps establish its credit and makes my expense accounting alot easier.
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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