Report Great score, no debt, still turned down for credit. What gives?? in Obtaining Credit Cards, Auto Loans and Financing Posted August 10, 2007 It's important to know you need to build your credit before you can access these low rate cards, you're credit score is high right now because the major(if not only) debt you have is student loans(good debt) In order to obtain the "next level" cards you need to start with one like at the credit union first. Use that, charge some items, and pay them off for a good 6 months to a year, and you'll be surprised who's catering to you after that! Additionally, taking out a small personal loan and paying that off in less time than is required will also bump up your credit history in a short period of time as well. Also. that 11% definately is not bad!!!