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Answered 2013-05-10 04:23:19

There are multiple reasons why a credit card could be declined. The most common reason is that there were insufficient funds available on the card. Other reasons could be that the store doesn't accept that card, or that there is an alert placed on the card for that type of store.

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It means that your credit card did not authorize the charges.


You can prevent your credit card from being declined by paying your bill on time and not exceeding your credit limit.


nd is the code for Visa/Mastercard


There has to be a reason for the card to be declined ! Contact the card company and ask them why the card was refused. Common reasons for a card being declined are... Insufficient funds in the bank account, not enough credit balance on the card, or the card is reported lost/stolen.


How embarrassing! It is more like a red flag (to you) that you have an issue with the credit card company. It could be in error, but it may also mean that you have met or exceeded your limit. Contact the credit card company as soon as possible to solve the issue.


There are a couple of ways that you can try to collect on a declined credit card after services are given. You could call the customer and let them know that it was declined. They may then have you put it through again, another option is to send a paper bill.


Declined transactions on a credit card would seem to indicate that you have exceeded your credit limit. Exceeding your credit limit will reduce your credit score. This means that a bank would take a very close look when you apply for more credit.



If one is to apply for a credit card with bad credit, there could be several things that could happen, starting with the individual being declined a card. If they are accepted for a credit card, they may face a huge interest rate and major penalties for late payments.


It means that the money in your bank has no money in it,or that someone has been using the credit card to much Hope that helped ya'll Bye


Actually - you have no legal authority to retain someone else's credit card. Even if the card has been declined, it's still the customer's property - and you refusing to return the card could be seen as theft ! The card company can obviously block the card from being used, which will prevent the customer using it to make purchases (which is why it would be declined at the point of sale).



When you process a credit card transaction, you will find out almost instantaneously whether or not a credit card payment has been accepted or declined. Once you run the credit card, the information is transmitted to the bank for authorization. The acquiring bank that processes the transaction routes the information to the card-issuing bank. If the cardholder does not have enough credit in his account to cover the sale, the bank sends back a denial code to the merchant�s point-of-sale unit. Normally, a response code consists of a one-letter code that indicates whether a transaction was approved or declined. A result code is a one- to three-digit number that indicates the result of a transaction. If the purchase is being made in person, you inform your customer that his card has been declined, and he has the option of not making the purchase or choosing another form of payment. If the purchase is being made online, the process is slightly different. With an Internet account, you will have a payment gateway that transmits the credit card information from your Web site to the credit card company, which will send back an accepted or declined message. If a credit card is declined in this situation, you do have the option of waiting a couple of days and running it again or notifying the customer immediately. Although, this is your choice, customers will appreciate it if you get back to them quickly. Then, your customer has the option of wanting you to run the same credit card at a later date or choosing a different credit card. It is important to get back to your customer as soon as possible and not sit on a declined credit card. If you do, you lose precious time, you are not getting your money any quicker, and it will delay your customer�s purchase. Although, it may be uncomfortable to tell your customer that his credit card is declined, it is part of business, and customers appreciate honesty and promptness.


It means a credit card company wants to put you into debt by giving you a credit card you can use.


If you mean a credit freeze, then no, you will not be able to use the card.


I can't see how you could get declined for a credit issue of a roommate. Now, your roommate could get declined but if you have good credit you should be OK.


It is very easy to get a credit card at capitalone if you have a good credit rating. All you have to do is decide which type of card you want, enter all of your information and then after you hit the submit button it will take a few minutes to tell you if you are accepted or it will tell you why you are declined.


In terms of a credit card it means Card Verification code hence CVC.


A credit card or debit with credit card as back-up can be declined for any reason, including:deactivatednever activatedlack of available credit or fundsover credit limitout of line with a consumer's normal purchase pattern (suspected fraud)suspected or known fraud of any kindbeing used out of countryany suspicious activityreported stolenany reason the company chooses


Credit card process works this way: One fills out a form online or paper, the for gets reviewed for a credit check and based on a person's credit check, the application can be declined or a certain amount can be provided (credit limit) if the application is approved.


Credit card negotiation is when you contact the bank and negotiate your credit card debt. This can mean negotiating a payment plan or just trying to get the overall debt reduced.


Name on Credit Card mean the name that appears at the front of the card, below the long card number. This will be the name of the person to whom the card was issued by the bank.


A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.


Card Verification Code


Card Verification Number



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