When your credit card gets declined does it go against your credit?

Someone told me that every time your credit card gets declined, it goes against gainst your credit. How true is this?
Why or why not?

Yes or no answers will not suffice. Please give sources if you can.

2008-04-29T19:55:21Z

Edit: This hardly happeneds.

I gave them a card which i knew had a little money spent on the card so i though i could pay for dinner but apprently dinner was more than what was on the card.

2008-04-29T19:58:59Z

Yeah and i pay my bills on time or at least shortly after but they are NEVER calling me which is good

2008-04-29T20:02:01Z

I guess on the visa i was using had like $100 Dinner was $430.00. I though everything would be paid off.

If I am making sence.

CatDad2008-04-29T19:49:46Z

Favorite Answer

No..this is not correct.....but...the condition that led to the card being declined (being over the limit/maxed-out) will cause a drop in your credit score.....

SDD2008-04-30T02:41:42Z

No, but the conditions that caused the decline will often give you a poor credit rating.

cleaning crew2008-04-30T02:42:41Z

well that depends if u dont pay ur premiums. If u did not pay them then yes but if u pay ur prem. every month then no u just went over ur limit

NM2008-04-30T02:39:44Z

No it doesnt. It just doesnt go thru bc u don't have enough credit on it.