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AMEX Sucks

Valued Contributor

Re: AMEX Sucks

Heck, I'd even call the backdoor number now...they should be able to tell you what's up.

Scores 5/15/2016 (clean reports!): TU Walmart FICO: 696 | EQ FICO: 679 | EX AMEX FICO: 680

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | Citi AAdvantage Platinum Select World MasterCard: $6400 | Barclaycard Arrival World MasterCard: $1000 | Discover IT: $2500 | Amazon Rewards Visa Signature: $1500 | Chase Freedom: $1500 | Capital One QuicksilverOne MasterCard: $2100 | Target: $2800 | J.Crew $21,550 | Marvel (Captain America) MasterCard: $6000
Message 11 of 58
Blogger

Re: AMEX Sucks

I'd definitely try for a recon.

I'm really interested in what they'd have to say. Your late is from 6 years ago but your score seems rock solid, so it's not like there is a smoking gun as to why you were denied... other than maybe utilization. I'd definitely be interested in hearing what they had to say.

 

And worst case scenario, I'd be looking at the CSP. That card is beastly.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 12 of 58
New Contributor

Re: AMEX Sucks


injustifiiable wrote:

Heck, I'd even call the backdoor number now...they should be able to tell you what's up.



I agree 100%, if I had those credentials and was denied, I would be be on the phone until I received an acceptable explanation.  I understand that they can lend to whomever they choose, but I, like some others suspect that this is a computer anomaly.  When you talk to someone in on their recon # who realizes that there was a glitch in their system, make sure that they thank you for helping them find it. ;-)

 

The only reason that I can think of that you would be denied is little/no income or blacklisted due to a prior AMEX relationship gone south.

 

Good luck and let us know how it goes.

Message 13 of 58
Blogger

Re: AMEX Sucks

Yes, agreed, I'd be calling right now.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 14 of 58
Valued Contributor

Re: AMEX Sucks

subscribing due to the fact that the op has one heck of a credit profile and there is little to no reason why it shouldve been denied. the util is maybe but what else? income? the lates from way back when? def worth going for a recon! op good luck

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Message 15 of 58
New Member

Re: AMEX Sucks

Thanks, guys!  I re-checked my FICO score, and it went down almost 30 points because of the credit utilization.  Apparently, the report takes a while to catch up with the actual account usage.

 

Anyway, I'll just wait for the letter (and my score to catch up again) before calling them.  Either way, I'll let you guys know what happens.

Message 16 of 58
New Member

Re: AMEX Sucks

Also: my income is above average, and I have no bankruptcies or anything serious on my report.  That single 30-day was the only delinquency on there.

 

I've never dealt with American Express before in any way, aside from a couple gift cards.

Message 17 of 58
Valued Contributor

Re: AMEX Sucks

The utilization has got to be the only thing, then. It's just too bizzare if there's anything else.

 

You should give them a call now...haha. No need to wait for the letter really...they can pull up the app and tell you the deal. They can then do manual review of CR.

Scores 5/15/2016 (clean reports!): TU Walmart FICO: 696 | EQ FICO: 679 | EX AMEX FICO: 680

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | Citi AAdvantage Platinum Select World MasterCard: $6400 | Barclaycard Arrival World MasterCard: $1000 | Discover IT: $2500 | Amazon Rewards Visa Signature: $1500 | Chase Freedom: $1500 | Capital One QuicksilverOne MasterCard: $2100 | Target: $2800 | J.Crew $21,550 | Marvel (Captain America) MasterCard: $6000
Message 18 of 58
Valued Contributor

Re: AMEX Sucks

Amex is known to occasionally pull additional info from specialty CRAs, not just the big 3. But if they reject you because of that they will tell you what CRA they used.


I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

WM Discover $1800, WF Plat 12k, Chase Freedom Siggy18k, Amex Plat (60k H/B), Citi AA EWMC 25k
Message 19 of 58
Highlighted
Regular Contributor

Re: AMEX Sucks

criminal record?

 

 

I've been getting hot-to-app for BCP but after reading this thread I know I'm going to get dinged and will therefore pass


Starting Score: 653 (11/1/2011 TransUnion)
Current Score: 719 (5/3/2012 TransUnion) 572 (3/21/2012 Equifax) 762 (4/14/12 VantageScore)
Goal Score: 700


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Message 20 of 58