Apply for a loan against your car or a loan secured by another of your assets. Handling credit denials Even if you've had credit before, you may be turned down when you apply for a loan or a credit card. The list below identifies some of the reasons you may have been denied. However, don't be discouraged. If you believe you're creditworthy, keep trying to establish your credit.
Persistence has a way of paying off.
You may not have held your present job or lived at your present address long enough. Some creditors require two or even three years. You may have too much to pay on your present accounts. Your purpose in requesting credit may not seem reasonable. Your cosigner may not be able to afford to take on any new liabilities.