HOW TO Trigger AUTOMATIC Credit Card Application APPROVALS!

2 years ago
19

What are the five things you should NEVER write on a credit card application when you are trying to trigger an automatic approval? It is important to include all eligible income and not just put the income you make from your ‘normal’ 9-5 job. If you do side hustles such as Doordash, UberEats, or more, you should be including this income as part of your credit card income. It could give you a major boost and it is very important to stay above 43% debt-to-income ratio. (DTI) It is also very important to put your net salary instead of your gross salary. Even though the IRS steals a whole bunch of your money, credit card companies expect you to put your gross income. A third reason is putting way too high of income or way too low. This would cause you to have your application looked at manually as the algorithm needs further approval. Reason 4 would be not including your projected income or just putting your sole income instead of yours and your spouse. Lastly, it is important to not say that you are retired or self-employed. I go into further details in this video about all the reasons why putting these on the application will be hurting you. You will always be able to trigger an automatic approval when you follow my tips!

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Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies for which Kyle Zajac will earn an affiliate commission or referral bonus. Kyle Zajac is part of an affiliate sales network and receives compensation for sending traffic to partner sites. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Some offers may no longer be available or expire from the date of the published video. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.

Disclaimer: I am not a financial advisor. Kyle Zajac does not provide tax, legal, or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

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///Timecodes:
0:00 Intro
0:58 What Is All Eligible Income?
2:01 Importance Of Gross vs. Net Salary
3:01 Income Red Flags!
4:04 Can You Include Household/Projected Income?
4:53 Better Wording If You’re Self Employed/Retired
5:47 Bonus: Business Reason
6:14 Importance Of Discrepancies On Credit File
6:57 How To Overturn Credit Card Denial?
7:41 FREE Ways To Support Me :)

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