“Know why your application was rejected. The creditor must tell you the specific reason for the rejection or that you are entitled to learn the reason if you ask within 60 days. An acceptable reason might be: “your income was too low” or “you haven’t been employed long enough.” An unacceptable reason might be “you didn’t meet our minimum standards.” That information isn’t specific enough.”

Your Equal Credit Opportunity Rights
Federal Trade Commision, Consumer Information
https://www.consumer.ftc.gov/article...rtunity-rights