{"id":6760,"date":"2016-04-25T19:22:51","date_gmt":"2016-04-25T19:22:51","guid":{"rendered":"\/?p=6760"},"modified":"2018-12-28T20:30:26","modified_gmt":"2018-12-28T20:30:26","slug":"ouch-youve-just-been-denied-credit-heres-what-to-do-next","status":"publish","type":"post","link":"https:\/\/financeguidetoday.com\/loans\/ouch-youve-just-been-denied-credit-heres-what-to-do-next\/","title":{"rendered":"Ouch! You\u2019ve Just Been Denied Credit \u2013 Here\u2019s What To Do Next"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">So, you\u2019ve applied for a loan and found out you were DENIED. \u00a0You probably feel bummed, but you may also be wondering what to do next. Before you get up in arms about the situation, see this as a great opportunity. Now you have a chance to investigate any issues that are likely lurking on your credit report. Here are the next steps you should probably take:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">First, find out why you were denied. The lender will send you a letter letting you know what the issue was.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Next, check your credit report. See if there are any late payments or accounts in collections that brought your score down.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you see anything on there that looks fishy, make sure you aren\u2019t a victim of identity theft.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">After you\u2019ve checked the problem and know why you were denied, you may want to consider a new lender.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Keep in mind that every time you apply for a loan, it pulls down your credit score a few points. It\u2019s considered a hard inquiry. You\u2019d do best not to keep applying for loans you know you won\u2019t get approved for until you fix the issues on your credit report.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So, you\u2019ve applied for a loan and found out you were DENIED. \u00a0You probably feel bummed, but you may also be wondering what to do next. Before you get up in arms about the situation, see this as a great opportunity. Now you have a chance to investigate any issues that are likely lurking on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6760"}],"collection":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/comments?post=6760"}],"version-history":[{"count":0,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/posts\/6760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media\/7073"}],"wp:attachment":[{"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/media?parent=6760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/categories?post=6760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financeguidetoday.com\/wp-json\/wp\/v2\/tags?post=6760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}