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Established Contributor
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Registered: ‎06-04-2012
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AMEX with Med Collection?

I have an unpaid medical collection from April 2010. Fortunately it only reports on TU. EX is clean. (like my conscience)

Last time I app'd for AMEX they double pulled me, both EX and TU. Question is... Is the collection a no go for AMEX?

 

~kn


EQ: 700 (FICO ScoreWatch) 11/26/14
EX: ??? (No Current)
TU: 681 (Discover FICO) 11/12/14

Last App 9/22/14... In Garden 'till Summer '15
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Registered: ‎02-07-2013
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Re: AMEX with Med Collection?


knoregs wrote:

I have an unpaid medical collection from April 2010. Fortunately it only reports on TU. EX is clean. (like my conscience)

Last time I app'd for AMEX they double pulled me, both EX and TU. Question is... Is the collection a no go for AMEX?

 

~kn


No its not a no go but question why did they deny last time? Waht are your scores?

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Re: AMEX with Med Collection?

Established Contributor
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Registered: ‎06-04-2012
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Re: AMEX with Med Collection?

[ Edited ]

The CA is for $2100... This is for a future app and scores will be 720+ and UTIL will be <10% before apping. My AAoA will be 1 year in July.

 

~kn


EQ: 700 (FICO ScoreWatch) 11/26/14
EX: ??? (No Current)
TU: 681 (Discover FICO) 11/12/14

Last App 9/22/14... In Garden 'till Summer '15
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Posts: 26,788
Registered: ‎09-13-2012
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Re: AMEX with Med Collection?

IMO, it really comes down to a double/triple pull. If you wait until your AAOA is 1 yrs old. You might sneak in on Exp. that's a large amt for a relatively new debt. Are you trying for a charge or revolver?
Established Contributor
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Re: AMEX with Med Collection?


09Lexie wrote:
IMO, it really comes down to a double/triple pull. If you wait until your AAOA is 1 yrs old. You might sneak in on Exp. that's a large amt for a relatively new debt. Are you trying for a charge or revolver?

Earliest I see applying is August so AAoA will be north of 1 year but more likely October or later. I'll be trying for a charge to get my foot in door with the real goal being BCP next year.

 

~kn


EQ: 700 (FICO ScoreWatch) 11/26/14
EX: ??? (No Current)
TU: 681 (Discover FICO) 11/12/14

Last App 9/22/14... In Garden 'till Summer '15
Moderator
Posts: 26,788
Registered: ‎09-13-2012
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Re: AMEX with Med Collection?

IMO, if you don't want to risk the possibility of a second/third pull- I would go with the charge, wait 6 mos after approval and get your revolver. If you have an inq to waste ( hopefully it won't be a waste) app for the card you want...you might get lucky.
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Registered: ‎12-25-2010
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Re: AMEX with Med Collection?

I wouldn't apply just yet...


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