Amilucky0707 asked:


I work at Sam’s Club and I applied for the Sam’s Discover Card today. I didn’t get approved, but I did get approved for the Sam’s personal credit (up to 300 dollars). I’m only 20 so I don’t have a lot of credit experience under my belt, but I was wondering why I got downgraded.

I have bounced my debit card a couple of times, and I got a letter from the bank about it. The letter said that if I did not pay soon, they would turn it in to the credit beaureau. I paid it back so I’m assuming that they didn’t have to turn it in.

I have a student loan that I took out in August from the US beaureau of education for 1700 dollars. I haven’t started paying it back yet, but the only credit report I am able to view online says that it is in good standing, and that I have 0 potentially bad accounts.

Why did I get denied? What is it that Discover is looking for? How do I know if I have good or bad credit?

DONNELL