Reply
Moderator
09Lexie
Posts: 24,417
Registered: ‎09-13-2012

Re: Amex app grey area

Regular Contributor
culture
Posts: 196
Registered: ‎02-27-2013

Re: Amex app grey area


navigatethis12 wrote:

Burned2manybridgesB4 wrote:

I had to ask her how to do it...I KNOW I'm too old for tweeting.

 

 

...at least I can tell youngsters how to set the VCR clock.


VCR?


LOL   :smileyvery-happy:

Valued Contributor
dddewdrop
Posts: 1,060
Registered: ‎02-06-2013

Re: Amex app grey area

VCR = Virtual Credit Report?

0/10001100/13001346/16001699/2000Prepaid ,,Recent scores:FICO EX 632,EQ 635,TU 632...Link to my Rebuild Log
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Amex app grey area


dddewdrop wrote:

VCR = Virtual Credit Report?


The VCR has gotten THAT old!!! :smileyvery-happy:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Super Contributor
enharu
Posts: 6,889
Registered: ‎02-27-2013

Re: Amex app grey area

Like lexie said, if it has a cash value, you can include it. Otherwise no.

If listing your life insurance is okay, Everyone will be including their social security, unemployment benefits, Medicare and all kinds of benefits they get in various circumstances.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Burned2manybridgesB4
Posts: 1,406
Registered: ‎03-15-2012

Re: Amex app grey area

Couldn't verify the correct answer online. The email rep passed the buck, and recommended I call the main line csr's..

Established Contributor
sccredit
Posts: 774
Registered: ‎09-14-2012

Re: Amex app grey area

I doubt either the online rep or mainline CSR's would have any clue.  

 

I tend to agree with the consensus that if it has cash value you include it, if it is a Term policy do not..

Mortgage $296k/$310k
Autos Loans $29k
Unsecured Lines $167.2k

Discover FICO 757
DCU FICO 744

Valued Contributor
Burned2manybridgesB4
Posts: 1,406
Registered: ‎03-15-2012

Re: Amex app grey area

Here's the kicker. The cap one eo csr said it's tangible, when I had to list my assets, and used that info towards uw.

Moderator
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: Amex app grey area

[ Edited ]

If the policy has a face value, then it is an asset.

 

A term life is not an asset, but a universal life, or whole life would be an asset.


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
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Valued Contributor
Burned2manybridgesB4
Posts: 1,406
Registered: ‎03-15-2012

Re: Amex app grey area

....and it's the leading reason my old lady tolerates me most of the time.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+