answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

2006-04-02 01:26:21
This answer is:
User Avatar
Study guides

Who was the father of rationalism

What is discretionary spending within a budget

What provides a bank with collateral on a car loan

Which is one way that credit cards differ from debit cards

➡️
See all cards
3.48
21 Reviews

Add your answer:

Earn +20 pts
Q: Will repeated declined transactions on a credit card affect your credit rating or affect how a bank views you as a loan candidate?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is meant by business intity concept?

Business intity concept is all transactions that affect the firm. The business intitly does not affect the ownerÕs private transactions and will be recorded.


How did the Iranians hostage crisis affect American opinion of their president?

President Carter's popularity declined.


How did Iranian hostage crisis affect American opinion of their president?

President Carter's popularity declined.


How did the Iran hostage crisis affect American opinion on president carter?

Carter's popularity declined


Transactions that affect inventories on hand have an effect on both the balance sheet and the income statement?

Yes.


What are the four major types of transactions that affect equity?

revenue expenses dividends and common stock


Accounts often need to be adjusted because?

many transactions affect more than one time period


How could media prejudice affect a democratic candidate campaign?

i dont know the answer


How did the Tet offensive affect public support for president Johnson?

After the Tet Offensive, US public support for President Johnson declined, and support for the Vietnam War overall declined as well. The first phase of the offense began on January 30, 1968.


How does entropy affect compression rate?

General compression techniques look for repeated patterns which can be compressed to a single iteration of the pattern. A data stream with high entropy will have relatively few repeated patterns, and will decrease the compression ratio.


Will my bankruptcy affect the rent credit check?

You will need to check with the bank you regularly do transactions with. They will assist you in providing the proper paperwork that corresponds with the proper accounts.


How does Achondroplasia affect children?

achondroplasia have a very high risk of serious and repeated middle ear infections, which can result in hearing loss. The disease does not affect either mental capacity, or reproductive ability.

People also asked