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Frequent Contributor
MyFicoAddict
Posts: 284
Registered: ‎05-11-2009
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App Spree results - Info for credit searchers - you'll find it interesting with varied results

Amex - Gold delta (apparently easiest to get) - NOT ANYMORE

Got Denied - Experian pull - from Amex Cust Serv. - score of 725 - reasons for decline were: 

Amount of credit available on accounts (Experian) - incorrect - available credit 10k total - using only 1k

No recent record of bank or retail revolving accounts. (Experian) - have BofA, Chase, Macy's - all revolving

Your consumer credit bureau score from Experian is too low  (See below) - 725 according to Amex themselves is too low - WOW

Ratio of your card account balances to your income is too high, or cannot be determined(Experian) - sure sure - HHI of 95k and debt of only 1k in CC and maybe 6k in student loans

 

Citi forward - approved for 7k - pulled EQ with fico of 708 - pulled once and i thought should try for the AA but declined because young age of credit file (remember been in the country for only 4 yrs and the oldest CC is 3 yrs and 3 months)

 

Discover More - Approved for 2k - pulled TU - CA mentioned my score was 700+ and said if I keep it below CL and pay on time for 6 mos. I should call for CLI.

 

Penfed - applied for membership under NMFA and approved for the visa CC with 5K. They pulled experian.

 

Chase - ofcourse we all know - denied! Credit file too thin was their issue. Not gonna bother with Chase anymore either.

 

PSECU - apped for membership 2 weeks ago - waiting to here from them still - they are very backed up due to colleges opening up - they pulled ex but softed eq.

 

 

Aim to be fiscally and physically fit...
EQ - 723 FICO as of Aug 2010
TU - 757 FICO as of Sept 2010
EX - 742 FICO as of Oct 2010 (PSECU)
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results

[ Edited ]

AMEX is a 760 plus lender, in most cases.

 

Are you sure PenFed hard pulled EX for your CC?  This would be the first I have heard that.  They are known to be EQ exclusively.

 

 

 

 

Message Edited by txjohn on 09-10-2009 04:59 PM

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Frequent Contributor
Sparkz1920
Posts: 271
Registered: ‎08-09-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results

I thought all Amex cards were hard to get, especially in this credit climate

 

 

Congrats on your new lines, u look like you know how to manage your money well.

 

I agree, love credit, but debit does me just fine. It does hurt to see your money going away, as in me paying First Premier, Vickies, and Orchard tomorrow lol

 

Cash is what i have an issue with


Starting Score: 601
Current Score: 670
Goal Score: 700


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NFCU Rewards- 8K......AMEX Delta Skymiles-5k.....Citi AAdvantage AMEX-3.5K...WalMart Discover-4K....Old Navy Visa-2k...BOA-3000...AMEX Green-NPSL....Discover More-1K
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results


txjohn wrote:

AMEX is a 760 plus lender, in most cases.

 

Are you sure PenFed hard pulled EX for your CC?  This would be the first I have heard that.  They are known to be EQ exclusively.


john, when I hit 760 it will still not be good enough for them!  :smileysad:

Regular Contributor
Lyythine
Posts: 206
Registered: ‎03-05-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results

PenFed pulled both Equifax and Experian on my most recent app...  just fyi - I posted it somewhere on a PenFed thread
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results


Lyythine wrote:
PenFed pulled both Equifax and Experian on my most recent app...  just fyi - I posted it somewhere on a PenFed thread

 

They occassionally, but oh so rarely do that. You must be special.
Established Contributor
Watchmann
Posts: 985
Registered: ‎05-14-2008
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results


creditwherecreditisdue wrote:

john, when I hit 760 it will still not be good enough for them!  :smileysad:


Amex does not approve on score alone.  They look at other aspects of your credit file.  FICO score is only a piece of the approval process.  One person with 760 may get approved, and another won't.  The days of credit granters relying solely on FICO are long, long gone.

Frequent Contributor
MyFicoAddict
Posts: 284
Registered: ‎05-11-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results


txjohn wrote:

AMEX is a 760 plus lender, in most cases.

 

Are you sure PenFed hard pulled EX for your CC?  This would be the first I have heard that.  They are known to be EQ exclusively.

 

 

 

 

Message Edited by txjohn on 09-10-2009 04:59 PM

Yep I just pulled my experian today - I have only one inquiry on EQ so I thought if they pull EQ that would be good but nah - they pulled experian but I still got 5K so I am not complaining - had a bunch of inquiries on EX too - from Amex twice, PSECU for membership etc...

Aim to be fiscally and physically fit...
EQ - 723 FICO as of Aug 2010
TU - 757 FICO as of Sept 2010
EX - 742 FICO as of Oct 2010 (PSECU)
Frequent Contributor
MyFicoAddict
Posts: 284
Registered: ‎05-11-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results

Sparkz - yeah I try - I used to be buried in debt not even a year ago and wasnt even making decent money than - also had a couple of medical collection from 2006 (which I thought were paid under insurance but insurance hadnt kicked in until the month after the doctor visit) had a collection from Capital 1 which I had paid and was able to successfully delete all three from all the reports. I make decent $$ now so I paid alot of the CC debt from Last Oct till now.

 

I really wanted the amex delta cuz of the bonus miles and plus i travel delta and continental alot so i figures might as well get the miles off of it. I hear you on FP and Orchard - had both - closed orchard for the AF and FP was a poacher, the worst card ever - charge $$ to make payments online and automated system, which was bull#$#% - u know? I had a balance of 100 - made a payment of 107 online and closed it - so trust me - i hear youu!

 

CWCID - I dont think I'll get an Amex ever either - even if I hit 760.00 :smileysad: :'(

Aim to be fiscally and physically fit...
EQ - 723 FICO as of Aug 2010
TU - 757 FICO as of Sept 2010
EX - 742 FICO as of Oct 2010 (PSECU)
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: App Spree results - Info for credit searchers - you'll find it interesting with varied results


Watchmann wrote:

creditwherecreditisdue wrote:

john, when I hit 760 it will still not be good enough for them!  :smileysad:


Amex does not approve on score alone.  They look at other aspects of your credit file.  FICO score is only a piece of the approval process.  One person with 760 may get approved, and another won't.  The days of credit granters relying solely on FICO are long, long gone.


 

Thank you for contributing gravitas to my otherwise tounge-in-cheek post.

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