Amex CLI denied due to "credit limits are sufficient for income"

[lg8302ch]

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@thelethargicage wrote:

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@blk8 wrote:

You have reached the max for AMEX's likings. You have 150% of your income available to you in credit cards.

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Well, more like 116%, actually. I'll garden for the next 6 months and give it another shot around October.

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I am at 2 x my annual income and also 25K with Amex....so in 2015 it will be interesting to see how a new app with Amex will go

[eagle2013]

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@lg8302ch wrote:

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@thelethargicage wrote:

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@blk8 wrote:

You have reached the max for AMEX's likings. You have 150% of your income available to you in credit cards.

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Well, more like 116%, actually. I'll garden for the next 6 months and give it another shot around October.

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I am at 2 x my annual income and also 25K with Amex....so in 2015 it will be interesting to see how a new app with Amex will go

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I wonder if they take into assets in CLI determination? Especially for high net worth, low income individuals, re: seniors/retired people.

[nyancat]

I'd heard about this with Amex, but I know for me I JUST got approved for $7,300 Amex Delta with $20,600 in other limits and about $30k in income. So they're letting me have almost 100% of my income with them alone, not counting my other cards at all.

I'll also say - I don't come CLOSE to using my limits, and I pay in full, every card, every month, within a couple days of closing. That can't be a bad factor to them.