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Warning Sign #3: You've Been Turned Down for a Credit Card

We know that times have changed, and credit cards are not as easy to get as they were a year ago. However, if you've been turned down for a credit card recently, that's still a pretty sure sign you're headed for credit trouble.

Being turned down means there's something about your finances the credit card companies don't like.

Usually it's because (1) you have too much debt in relation to your income, (2) you're using up all of the credit that you already have, or (3) you've been late on some payments.

If you've been turned down for a credit card, get a copy of your credit report and clean up your credit

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