I do not think that he was trying to give anyone false hope. It just further illustrates that thick file with minor mistakes is a better risk than a thin short file with a higher score. Its no secret that amex uses their own internal scoring system... those who are frustrated by other peoples approvals should take a hard look at their own file and try to improve it or just let time mature it
Jake0215 wrote:If that's the case good for you, however, post the whole story, not one that highlights the fact that u got an Amex revolver with a bunch of negative marks on your report. The point is that most people with sub 700 scores would be wasting a hard pull. Way to go on all your awesome approvals... Your case clearly makes you an extreme outlier. The point of my post was to stop giving others false hope.
I also have a thick file with some minor mistakes from 2006. I bet I could get an amex revolver now too as I average a 4k per month spend on zync.... had zync since Feb.
Starting Score: 08/29/2011 TU 671 EQ 674Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
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webhopper wrote:I do not think that he was trying to give anyone false hope. It just further illustrates that thick file with minor mistakes is a better risk than a thin short file with a higher score. Its no secret that amex uses their own internal scoring system... those who are frustrated by other peoples approvals should take a hard look at their own file and try to improve it or just let time mature it
Jake0215 wrote:If that's the case good for you, however, post the whole story, not one that highlights the fact that u got an Amex revolver with a bunch of negative marks on your report. The point is that most people with sub 700 scores would be wasting a hard pull. Way to go on all your awesome approvals... Your case clearly makes you an extreme outlier. The point of my post was to stop giving others false hope.
webhopper, assuming low util reporting and scores around where they are at now and decent Dti, I would say you have great chance of approval.
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