Credit Cards Center Credit cards from our partners
Reply
Established Contributor
Posts: 640
Registered: ‎03-28-2008
0

Re: Confused and Ticked Off! at Amex



cheddar wrote:
Now, isn't this interesting?

 

Look at the first two reasons in Uncle_Money's decline letter:

 


 

What's the difference between those two reasons?  This just gets weirder and weirder.

 





OOOOHHH!!!

OK, this is getting very... weird, indeed. Maybe they just mean that they look at hard pulls but won't blame you if you've had a credit check from, say, the local energy company or mobile phone company harding you unnecessarily, as they're 'kind of' applications for credit, but also kind of... not?!
EQ: 723 / TU: 760 (August 2009)
Valued Contributor
Posts: 2,791
Registered: ‎03-18-2007
0

Re: Confused and Ticked Off! at Amex



fevmlo wrote:


cheddar wrote:
Now, isn't this interesting?

 

Look at the first two reasons in Uncle_Money's decline letter:

 


 

What's the difference between those two reasons?  This just gets weirder and weirder.

 





OOOOHHH!!!

OK, this is getting very... weird, indeed. Maybe they just mean that they look at hard pulls but won't blame you if you've had a credit check from, say, the local energy company or mobile phone company harding you unnecessarily, as they're 'kind of' applications for credit, but also kind of... not?!

They denied my 60-day mini-anny CLI request on my Blue - denial letter stated (among some other things):
 
Too many recent credit checks.
 
They pulled TU, which had only ONE hard inq on it, from April of this year.  I'm a CreditSecure subscriber who pulls daily.
 
Dunno what's up, but SOMEthing sure seems fishy... Smiley Mad
_____________________________________________________________________________
It's never too late to become the person you might have been. ~George Eliot

02/12/09 EX: 701 / 02/08/10 EQ: 719 / 02/08/10 TU: 723

Backdoor Numbers, Credit Scoring 101, Understanding Your FICO Score PDF
Valued Contributor
Posts: 1,157
Registered: ‎05-21-2008
0

Re: Confused and Ticked Off! at Amex

Well the first two are exactly the same thing, but so are the last two.  I think their automated system is just dumb.

Starting Score: EQ: 665 - TU: 687
Current Score: EQ: 749 - TU: ---
Goal Score: EQ: 760 - TU: 760


Take the FICO Fitness Challenge
Established Contributor
Posts: 672
Registered: ‎07-05-2008
0

Re: Confused and Ticked Off! at Amex

Hey all, I'd just like to chime in and back up Watchmann. Although I haven't had to undergo a FR and haven't had many major problems with AmEx as of yet, people need to stop being such babies about this. You can't get a CLI on your credit card. Odds are you didn't even need one in the first place and it's only to get a lower util. Besides, even with the occassional odd event, I'd take AmEx over any other credit card company any day (Except Discover. They're both equally great in my book, though for different reasons).
 
The punchline is, stop complaining. It's unsecured credit and for every $1,000 in a CLI they offer you, that's another $1,000 they might potentially have to charge off. And granted you may not have deserved to be declined, but like Watchmann said, it's a two-way street. Suck it up and deal with it. They're a great company and I'm happy with their products and services way more often than I'm dissatisfied. Okay people? GET OVER IT!
Super Contributor
Posts: 8,198
Registered: ‎03-25-2007
0

Re: Confused and Ticked Off! at Amex



thrasher865 wrote:
Well the first two are exactly the same thing, but so are the last two.  I think their automated system is just dumb.



I noticed that as well.  Looks more like reptition than illegality to me.
 
And don't forget, they see 2 years worth of hard pulls, even if they are no longer altering your score after one year
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
0

Re: Confused and Ticked Off! at Amex

[ Edited ]


MidnightVoice wrote:


thrasher865 wrote:
Well the first two are exactly the same thing, but so are the last two.  I think their automated system is just dumb.



I noticed that as well.  Looks more like reptition than illegality to me.
 
And don't forget, they see 2 years worth of hard pulls, even if they are no longer altering your score after one year


Yes, but when the reason says "last six months," you would think they would only be referring to those inquiries from, well, the last six months.

 


Message Edited by cheddar on 07-30-2008 06:17 AM
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. Smiley Surprised )
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
0

Re: Confused and Ticked Off! at Amex

[ Edited ]


jaybird201 wrote:
Hey all, I'd just like to chime in and back up Watchmann. Although I haven't had to undergo a FR and haven't had many major problems with AmEx as of yet, people need to stop being such babies about this. You can't get a CLI on your credit card. Odds are you didn't even need one in the first place and it's only to get a lower util. Besides, even with the occassional odd event, I'd take AmEx over any other credit card company any day (Except Discover. They're both equally great in my book, though for different reasons).
 
The punchline is, stop complaining. It's unsecured credit and for every $1,000 in a CLI they offer you, that's another $1,000 they might potentially have to charge off. And granted you may not have deserved to be declined, but like Watchmann said, it's a two-way street. Suck it up and deal with it. They're a great company and I'm happy with their products and services way more often than I'm dissatisfied. Okay people? GET OVER IT!


jaybird,
 
You may express whatever opinion you would like to.  Please do not, however, tell other posters they are acting like babies.
 
Just a reminder to be friendly and supportive.  It is fine to comment on other posts, but a characterization like the one you made above borders on name calling and is a bit out of line.
 


Message Edited by cheddar on 07-30-2008 06:21 AM
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. Smiley Surprised )
Regular Contributor
Posts: 207
Registered: ‎02-04-2008
0

Re: Confused and Ticked Off! at Amex

Amex is kind of a strange bank. I've never been denied for any of their cards. Yet I get fairly low limits on the credit cards(around 5k to start every time) But with my Gold and it seems esp My Plum biz card I can Charge up large amounts no questions asked. If i call first I was told that if i have $$ in the bank Amex will approve me for charges over 100K on the biz card. Yet They keep the CC's so low. Theres just no understanding these people.
2/2008-EQ-660-EX-672-TU-686
2-29-08 EQ-697-EX-706-TU-699 7/2008-EQ-741-EX-741-TU-765
Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
0

Re: Confused and Ticked Off! at Amex



thrasher865 wrote:
Well the first two are exactly the same thing, but so are the last two.  I think their automated system is just dumb.





I'm leaning this way also.
Here we go again...

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.