Alisha: This is the second time I’ve been turned down for a credit card in a month. I don’t know what I’m doing wrong.
James: Have you checked your credit report recently? Maybe you have a bad credit rating.
Alisha: I have a full-time job with a good income, which they can easily verify, and I don’t haveany outstanding debt, so what could be the problem?
James: Have you had a credit card before?
James: Did you always make your payments on time?
Alisha: Well, no.
James: Then that may be your answer. Your payment history makes a big difference with the credit bureau. If you’ve missed payments or been late, that’s a big strike against you.
Alisha: You mean if I were late a few times, I wouldn’t be able to get another credit card?
James: A few times? How many times?
Alisha: Well, maybe a lot of times.
James: And why do you need another credit card if you already have one?
Alisha: Had one, past tense. The credit card company cancelled it.
James: I think we’ve just found the crux of the problem.
turn down 拒绝
Before this I'd have smiled and turned her down.
credit report 信用报告
Loans to people who have no personal credit report?
The total debt outstanding is $70 billion.
on time 按时;准时
He will come on time even though it rains.
He said the crux of the matter was economic policy.