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Valued Contributor
Posts: 1,997
Registered: ‎01-24-2012
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Re: Amex denied me!!

I applied a few weeks ago for the American Express Simply Cash card with nine new accounts in the past six months and about twelve or fourteen inquiries on Experian and I got approved instantly. I was at about 9% utilisation with two cards being maxed out. I think maybe you could try a reconsideration.

Valued Contributor
Posts: 1,276
Registered: ‎09-22-2009
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Re: Amex denied me!!


navigatethis12 wrote:

I applied a few weeks ago for the American Express Simply Cash card with nine new accounts in the past six months and about twelve or fourteen inquiries on Experian and I got approved instantly. I was at about 9% utilisation with two cards being maxed out. I think maybe you could try a reconsideration.


It's possible to be at 9% overall utilization with maxed out cards depending on the CL's on other cards, but how did you achieve this, and what are the limits on the maxed out cards?  Especially in comparison to other cards you have?  

EQ FICO - EQ08 - 850 - 01/01/15
TU FICO - TU08 - 850 - 01/01/15
EX FICO - EX08 - 850 - 01/01/15
EX FICO - V2 - 840 - 01/01/15
EQ FICO - EQ04 - 818 - 01/01/15
EQ FICO - Bankcard Enhanced 8 - 885 - 1/24/15
New Contributor
Posts: 227
Registered: ‎06-09-2012
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Re: Amex denied me!!

garden for 12 months, get under 10% and your be a shoe-in for the card! Just stay app free!!!

Valued Contributor
Posts: 1,997
Registered: ‎01-24-2012
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Re: Amex denied me!!


android01 wrote:


It's possible to be at 9% overall utilization with maxed out cards depending on the CL's on other cards, but how did you achieve this, and what are the limits on the maxed out cards?  Especially in comparison to other cards you have?  



The limits on the maxed out cards are 2500 and 1000 which is pretty low compared to other cards. All cards together are about 50000 of credit.

Established Contributor
Posts: 803
Registered: ‎05-16-2012
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Re: Amex denied me!!

[ Edited ]

I finally received the notice and one of the reasons was chargeoff reported on teletrack. I never even heard of teletrack. Amex gave me their number and I ordered the copy of the report today. I just don't know what it could be. Now I wait.

 

 

" You have charged-off financial obligations reflected in a report obtained from teletrack"..so they are using plural so there is more than one? hmmm

100% Ficos: EX 780 , TU 783, EQ 776 inquiries last 2 years/1 year/6 months: EX-0/0/0, TU-0/0/0, EQ-1/0/0~ last credit card app 6/24/13- New car loan 3/8/2014- Discover IT $12,500~Kohls $1000~Amex BCE $4000~ Walmart Discover $7500~NFCU Signature CashRewards $19,400~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $3800~ Amazon Store $7000~ Fingerhut $1050
Super Contributor
Posts: 6,671
Registered: ‎05-23-2009
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Re: Amex denied me!!

[ Edited ]

calihlove75 wrote:

I finally received the notice and one of the reasons was chargeoff reported on teletrack. I never even heard of teletrack. Amex gave me their number and I ordered the copy of the report today. I just don't know what it could be. Now I wait.

 

Sorry about your denial.

checked out this thread:

 http://ficoforums.myfico.com/t5/Credit-Cards/AMEX-and-Teletrack/td-p/1289927

http://ficoforums.myfico.com/t5/Credit-Cards/AMEX-amp-Teletrack/td-p/890712

 

 

Ron.

Valued Contributor
Posts: 1,772
Registered: ‎10-28-2011
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Re: Amex denied me!!


navigatethis12 wrote:

I applied a few weeks ago for the American Express Simply Cash card with nine new accounts in the past six months and about twelve or fourteen inquiries on Experian and I got approved instantly. I was at about 9% utilisation with two cards being maxed out. I think maybe you could try a reconsideration.


im willing to bet your aaoa played a huge factor in their decision. what is your aaoa?

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Valued Contributor
Posts: 2,281
Registered: ‎09-16-2011
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Re: Amex denied me!! UPDATE and TELETRACK?


calihlove75 wrote:

So on 6/30/12 applied for the Amex Blue when I should not have, but the good news is that now I know what my Experian fico is ...trying to be posiive. My Fico scores are TU- 743, EX - 736, and EQ- 689 (Have an old 5 1/2 year old collection I heavily dispute but gave up on its removal). Kinda bummed but knew going in that I would be denied with inquiries and 2 new accounts within last 6 months. Knew I did not have a chance, but was hoping..lol.


Cap 1/HSBC opened Jan. 2012 $300, Chase Amazon Visa opened March 2012 $1300, and Chase Freedom opened June 2012 $3000

 

Lack of time with Major credit cards probably hurt as well, AMEX wants one year of credit experience, they may make exceptions for a Zync card but for a revolver, not likely. I have a collection that is 5 years old and got both  Blue and Zync in a 2 month period. With inquiries and multiple new accounts. Oldest card 3 years,  like 9 cards less than a year old. 

Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 12k Sally Mae5k Sams Club MC 10k, Paypal Extras MC 6k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5k, Walmart 10k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 10k and a nice stack of store cards.
Last APP/HP 4/22/2015
Valued Contributor
Posts: 1,142
Registered: ‎09-01-2011
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Re: Amex denied me!! UPDATE and TELETRACK?

As the links that Ron shared with you said, poor fellow myFICO® member, Minimock, fought with TELETRACK for a long--long time.  He FINALLY was able to get an American Express card, but it took him forever. 

 

I hope you will have good luck in dealing with TELETRACK and not have to be burdened down by them as Minimock was.



Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
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Frequent Contributor
Posts: 445
Registered: ‎10-23-2010
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Re: Amex denied me!! UPDATE and TELETRACK?


discernment wrote:

As the links that Ron shared with you said, poor fellow myFICO® member, Minimock, fought with TELETRACK for a long--long time.  He FINALLY was able to get an American Express card, but it took him forever. 

 

I hope you will have good luck in dealing with TELETRACK and not have to be burdened down by them as Minimock was.


Yea, you can beat them.......You got to really want to though......... Read through that thread, I wont bore everyone posting on the subject.

 

Suffice it to say, you can do it, if your willing to put in the time.

Scores: EQ (FICO) - 730 | EX (FICO) - 722 | TU (FICO) - 713 - 06/25/2014



US Airways MC (5 K) | US Airways World MC (10 K) | Chase United Airlines Sig VISA (5K) | BOA Rewards Sig Visa (10K) Citi Dividend Plat MC (5.6K) | Discover Miles (6.6K) | AMEX BCE (7 K) | AMEX Plat Delta (11 K) | BOA PLAT (7.5K)


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