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Valued Member
SubseaEngineer
Posts: 46
Registered: ‎09-07-2012
0

Gut said "go for it", and I got approved for my first Amex, a BCP!

I'm kinda surprised.

 

My experian report shows 1 6-year old collection, 1 30-day late payment, and utilization on 2 store cards of about 90%, on my 9 month old discover of 50%.

 

But I have a bank account, retirement accounts, and income that is over $100K.

 

 

Approved for BCP with CL of $10K.

Regular Contributor
MontegoMack
Posts: 201
Registered: ‎01-21-2012
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Wowzah! What are your scores?

BofA Cash Rewards Signature Visa 5k
Chase Freedom 9k
BBRZ MC 800 (SD)
Senior Contributor
youngandcreditwrthy
Posts: 6,232
Registered: ‎08-16-2012
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Omg! Lol I bet you have mortgage/installment history huh?
Congrats!
Amex still scares me!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Member
SubseaEngineer
Posts: 46
Registered: ‎09-07-2012
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

My history is this:

 

Car loan for last 3 years (started at $35K).

 

Student loans opened in 2005, payments started in 2009.

 

Mortgage for last 1.5 years.

 

Sears card 15 years old (currently at 80% UT, CL reported at $2,950, just upped to $4,350)

Sears card+ 9 mo old (currently at 90% UT, CL $5,500)

JCP card 14 years old (UT < 10%, CL $2,500)

Kohls card 1 year old (UT < 20%, CL $1,500))

Discover card 9 mo old (currently at 40% UT, $4,000 CL reported, just upped to $7,500)

 

And 1 old chase card, opened in 1997, closed about 5 years, paying down balance, only owe $1,500 on it, 3 late payments (30-day) one each in 2009, 2008, 2007.  Also have a couple of old 60 and 120 day that are 6 years old.

 

Also have 1 old collection on experian, drops off in november.

 

Experian Fako:  680

Equifax Fico:  693

Transunion Fico:  673 (still shows 2 collections that havent fallen off yet).

Valued Contributor
RockinRay
Posts: 1,945
Registered: ‎08-13-2007
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats! That is a great starting line!  :smileyhappy:

Ray

** Every Card has a Job, and Every Card does its Job **

Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats

Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats !!

That's an awesome CL.



Valued Member
SubseaEngineer
Posts: 46
Registered: ‎09-07-2012
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

To be fair the CSR said it was tentatively $10,000 but that it had not been finalized so it could change.

Moderator Emeritus
tinuviel
Posts: 4,877
Registered: ‎11-02-2010
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Wow!!! Congratulations, and welcome to the Amex family! :smileyhappy:


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Valued Contributor
jamesdwi
Posts: 1,817
Registered: ‎09-16-2011
0

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Nice CL, I guess 10+ year of credit history + 100k income makes them over look a few mis-steps over the years. 

 

Congrats. 

 

 


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 & Zync NPSL, Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.

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