Question: WHy is it taking 30 days to get a response from an online credit card application? I applied online yesteray for my first credit card and they said I would get a response within 30 days.  Why does it take so long?  Is it because I have no credit and it was a student credit card? Also, I said I had both savings and a checking account but right now I only have a savings but will be getting a checking account on Saturday.  Is it ok that I said I had both a checkings and a saving? Will it make them reject my application?  Are they eager to give a credit card to someone like me, a young person likely to give them money for interest? I am just anxious about the whole thing.  I am going to be responsible with it because I am careful with all my money.

Answer: the only thing more dangerous than someone with bad credit is someone with no credit. they are wary of you since you have no established credit, your a student blah blah blah. it takes them awhile to verify your status, residence, job (if you have one), and your account status. if you had established credit then it wouldn;t necessarily take this long to approve or deny your application. if you do get this one and are financilly responsible; when you apply for other cards in the future, the response time will be a lot quicker. basically, once they can pin you down, see you can make payments, you'll get it.
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