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hey guys it's kalia with southern regime so one of the questions i get on a weekly basis uh revolves around how can i be denied credit or i gotta deny credit and i have like a 700 score like what's happening there um so the idea of being denied credit actually has like several layers to it so i'm gonna try to make it as simple as possible um the key being in that process knowing who you are as the consumer like you're extremely powerful as a consumer but if you don't know that then you can execute it so if we start at um 15 usc 1602 there's a list of definitions i'm actually going to share it here but i'm actually also going to read it to you one that i'm focused on right now which is what is a credit card so it says that the term credit card means any card plate coupon book or other credit device existing for the purpose of obtaining money property labor or services on credit so what this means um i'm not i'm not gonna read every definition there but you can definitely go look it up uh what this means is when you're born and you receive a social security card technically that's your first credit card and so when you go to let's say a bank and you want to create a loan um this is why you have to question how you can be denied credit because you are the original lender because how does that transaction start you have your social security card you extend that credit to them then they in turn extend credit back to you in the form of i don't know 35 000 credit card um or alone something of that nature so you are the original creditor so when it comes to how can you be denied credit you have to ask that question because you are the original creditor which means you should decide if you want to extend your credit and receive credit from whomever that bank may be and you know different banks have different rules right so like um navy federal has like their own internal credit score so your like let's say your transunion is like 7 15 and then you apply for something with them and you get back what's called an adverse action letter um and it says oh you got denied because you had late payments and something else on that letter from navy federal it'll also have a different credit score because they have they are their own internal system so your internal credit score with them might be like 16 like who knows um and i honestly don't know how they get to whatever their number is but they do have an internal system um and even like chase bank has like a 524 rule like these banks basically just do whatever they want to but the key in...