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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.

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โˆ™ 2006-04-02 01:26:21
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Q: Will repeated declined transactions on a credit card affect your credit rating or affect how a bank views you as a loan candidate?
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