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Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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Re: Amex Revolvers - Sub 700 Scores


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 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 :smileyhappy: 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 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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Established Contributor
Posts: 797
Registered: ‎05-01-2012
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Re: Amex Revolvers - Sub 700 Scores

Amy other sub-700 approvals?


Starting Score: EX: 575 (PSECU 5/2/12) TU: 582 (3/6/12) EQ: 664 (4/27/12)
Current Score: EX: 699 (PSECU 06/04/14) 702 (my FICO 08/05/14) TU: 699 (08/01/14) EQ: 675 (07/08/14)
Goal Score: 720
20K PSECU 7/12 | 12K USAA 9/12 | 11K BOA 1-2-3 9/12 | 9K Citi HHonors 9/12 | 8.5K Citi AAdvantage 5/08 | 5K Chase Sapphire Pref. 9/12 | 3.8K Barclays USAir 7/12 | 6K Walmart Dis. 11/12 | 1K Amex SPG 11/12 | 2K Amex BCP 1/13
Frequent Contributor
Posts: 274
Registered: ‎11-23-2011
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Re: Amex Revolvers - Sub 700 Scores

I don't have my exact scores, but I believe I was approved for my Zync and BCE with sub 700 scores Although my EQ and TU scores are in the 715-720 range, I don't think my EX score is quite at 700 due to a bunch of inquiries. 



Scores: EX: 793 EQ: 804 TU: 801
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Amex Revolvers - Sub 700 Scores


webhopper wrote:

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 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 :smileyhappy: 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.

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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