Why even people with excellent credit get rejected

Here are three of the week's top pieces of financial advice, gathered from around the web: Rejected with an excellent credit score Sometimes even people "with excellent credit get rejected" for loans and credit cards, said Jean Chatzky at NBC News. More than 20 percent of American consumers have an "exceptional" credit rating of above 800. But a great score does not necessarily guarantee a seamless credit application. "Credit scores do not factor in your income, but lenders do." That...