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Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011

Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 06:25 PM

I am about to app for an Amex charge card but I am not sure if an open dispute will factor I to the decision. Has anyone had experience with this, or know if it has an effect?
EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
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cloyd
Posts: 89
Registered: ‎03-01-2012

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 06:44 PM - edited ‎04-02-2012 06:49 PM

Here's one of the threads I checked out:

 

http://ficoforums.myfico.com/t5/Credit-Cards/Should-I-App-While-An-Active-Dispute-Is-Open/td-p/13133...

 

Edit: Oops, I just noticed you know about this one, my bad. I dont pay attention to details sometimes :smileysad:

Starting Score (3/2/12): EQ: 573 TU:605 EX:634 CK:628Current Score (5/04/12): EQ:719 TU:704 (FICO) EX: 714 (FICO) CK:704
Goal Score: 720 across the board

AMEX Delta Plat/SPG/BCE/Zync I JP Morgan Select I Chase Sapphire Preferred I Citi Diamond Preferred World MC I Discover More


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Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 06:52 PM

Thanks, I actually started that thread, but wanted to start a fresh one in hopes of getting some answers.
EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
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pizzadude
Posts: 6,188
Registered: ‎01-28-2010

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 07:04 PM

 

They never have for me.   Mortgage lenders care about accounts not being disputed but I've never seen it be an issue with CCs.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 07:23 PM

Good to know. Which cards have you apped for while in dispute?
EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
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Mega Contributor
LS2982
Posts: 14,336
Registered: ‎04-09-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 07:47 PM

I've apped for cards while negs were in dispute with no problems.


Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 721 5/16/2013
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pizzadude
Posts: 6,188
Registered: ‎01-28-2010

Re: Do Open Disputes Hinder CC Approvals?

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‎04-02-2012 08:41 PM

FicoTron wrote:
Good to know. Which cards have you apped for while in dispute?

AMEX, GECRB, Discover, Citi, Cap1...probably a few others I can't recall without looking at my credit reports....

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-03-2012 12:22 PM

well lets hope not, I think I am going to app for the gold

EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
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Established Contributor
FicoTron
Posts: 512
Registered: ‎01-27-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-03-2012 01:29 PM

well, to answer my own question for this thread...NO! they do not hinder approvals, I just got approved for the Amex Gold with 2 open disputes.

EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
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tcbofade
Posts: 1,033
Registered: ‎09-26-2011

Re: Do Open Disputes Hinder CC Approvals?

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‎04-03-2012 03:29 PM

Very nice.  Yay u!



Last app 08/08/2012. App free in 2013!

Current Scores: EX 665 (FCR) TU: 668 (Wally) EQ: Your guess is as good as mine. :smileytongue:



Zero percent financing is where the devil lives...

Last app 08 Aug 12. Next app 01 January 2013.

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