topic Re: Approved for Amex premier rewards gold in Credit Cards

Approved for Amex premier rewards gold

pat0812 — Fri, 16 Nov 2012 16:13:42 GMT

Finally.

yesterday i finally hit 6 months credit history reported on my Experian report

and gave it a shot and was instantly approved.

2 days ago I also got my first TU Walmart FICO and was on 714

my next step is buying a car. Will I be ok on a car loan in 2 months?

Re: Approved for Amex premier rewards gold

Epcot — Fri, 16 Nov 2012 16:16:45 GMT

Congrats on your approval, that's great!
Nice TU score as well.

As for the car loan, are you a member of a credit union?

Re: Approved for Amex premier rewards gold

webhopper — Fri, 16 Nov 2012 16:17:17 GMT

pat0812 wrote:
Finally.
yesterday i finally hit 6 months credit history reported on my Experian report
and gave it a shot and was instantly approved.

2 days ago I also got my first TU Walmart FICO and was on 714

my next step is buying a car. Will I be ok on a car loan in 2 months?

That's awesome congratulations!

Car loans are a totally different animal... they usually use an auto enhanced FICO, rather than a regular FICO. You would probably get a better rate from a credit union based off of your real FICO than your auto enhanced one, unless you have some installment history on your report (student loans don't typically count).

To learn more about Auto enhanced Fico scores, please check out this very informative thread by fused:

http://ficoforums.myfico.com/t5/Auto-Loans/FICO-Auto-Enhanced-Scores/td-p/228198

Again, Congrats on the approval, and good luck!

Re: Approved for Amex premier rewards gold

distantarray — Fri, 16 Nov 2012 16:17:44 GMT

with only 6 months of credit history you got a Amex gold??great job! did you have any AU on your report?

pat0812 wrote:
Finally.
yesterday i finally hit 6 months credit history reported on my Experian report
and gave it a shot and was instantly approved.

2 days ago I also got my first TU Walmart FICO and was on 714

my next step is buying a car. Will I be ok on a car loan in 2 months?

Re: Approved for Amex premier rewards gold

nicholasyud — Fri, 16 Nov 2012 16:21:21 GMT

CongratCongrat

Re: Approved for Amex premier rewards gold

patsfan1453 — Fri, 16 Nov 2012 16:35:43 GMT

Contests.

Re: Approved for Amex premier rewards gold

patsfan1453 — Fri, 16 Nov 2012 16:36:39 GMT

Congrats*

Re: Approved for Amex premier rewards gold

pat0812 — Fri, 16 Nov 2012 19:36:28 GMT

I wasn't AU never

just started my credit 6 months ago

i joined DCU credit union already so I'm wondering

if I could get in 2 months a loan with them?

what is considered a good rate ?

Re: Approved for Amex premier rewards gold

webhopper — Fri, 16 Nov 2012 19:44:53 GMT

DCU has very high member reviews for their Auto Loans program, and their rates are at 1.99%, which are great!

I think you should use them for your auto needs.

Re: Approved for Amex premier rewards gold

KausticRage — Fri, 16 Nov 2012 19:47:43 GMT

pat0812,

What are you stats and what CRA did they use? I want to get my foot in the door with Amex and don't know what charge card I should app for yet.

Re: Approved for Amex premier rewards gold

Repo-ed — Fri, 16 Nov 2012 20:36:03 GMT

nice work!

Re: Approved for Amex premier rewards gold

RonDawg — Fri, 16 Nov 2012 21:31:17 GMT

congrats!

Re: Approved for Amex premier rewards gold

Cadillac-XTS — Fri, 16 Nov 2012 21:41:18 GMT

Congrats

Re: Approved for Amex premier rewards gold

JusdoNit — Fri, 16 Nov 2012 21:44:11 GMT

Way to go.:smileyfrustrated: What wonderful limit did they bestow upon u?

Re: Approved for Amex premier rewards gold

pat0812 — Fri, 16 Nov 2012 21:53:09 GMT

What I know it's a NSPl card. There is no fixed limit

its a charge card

please correct me if I'm wrong

Re: Approved for Amex premier rewards gold

CardinalRules — Sat, 17 Nov 2012 23:58:13 GMT

You are correct. It is a NPSL card.