cancel
Showing results for 
Search instead for 
Did you mean: 

AMEX Question

Highlighted
Regular Contributor

AMEX Question

Hello, i have only 6 months history

i have a walmart card, wells fargo, capital one and amex gold charge card

 

 

I want to apply for a car loan in january, i just got my first fico score this month (you can see them in my signature)

 

Should i first apply in january for an amex revolver so it could be backdated to january 2012 and make my history look like it's 1 year old ? will that help me? will my history actually become 1 year old ?

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
Message 1 of 3
2 REPLIES
Valued Member

Re: AMEX Question

I don't believe you can backdate a credit account, unless you call your creditor and ask them to change it but it is not likely. You have the option of becoming someone else's Authorized User, like your parents or someone else you know with a longer credit history. If not, I recommend waiting until you have a year's worth of credit and reduce your credit balances to under 15% to increase your scores above 700. Hope this helps.

Photobucket
Message 2 of 3
Valued Contributor

Re: AMEX Question

he has amex gold charge card now. yes, you can app in jan for max backdating
5/2012: 560 credit scores across the board
12/2014 750+
3/2017 780+
5/2017 800+
Message 3 of 3