07-11-2013 07:53 PM
Today I received my wonderful denial letter from AMEX. Perhaps someone could give me their take on the following:
Reasons for denial:
1) Your FICO score. My score was reported as 704 by Experian. What I don't understand is that I had checked the EX score that day and their website said my score was 741.
2) Length of time you have been a customer with AMEX is too short. Reading the boards, how do so many people get the 61 day CLI's?
3) The number of credit card accounts with balances as indicated by EX. I have 6 accounts and 3 reported balances. Balances were no where near CL.
Any info would be appreciated!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO