03-19-2013 12:52 AM
haha thanks i really am hoping thats the case.
they open at 5am, so im gonna stay awake until then!
and then i got to wake up at 8........lol
03-19-2013 01:07 AM
im too nervous/excited to sleep right now. i feel like i've just drank red bull or something lol
03-19-2013 01:23 AM
haha thanks for the advice!
mmm im guessing it has to do with the 5 inquiries back in feb for my auto loan.
the dealership screwed me over on that literally. I qualified for BMW financing to start with, and yet they still inquired with other banks. I'm guessing they got lazy and sent out all the apps at the same time instead of waiting to hear back from BMW first
I bought my daughter a car last august and had financing lined up through usaa that i was going to use. I had to repeatedly tell the sales guy NOT to run my credi, other than a soft pull for id verification if they needed it. He still wanted to, and while it did not get to the argument stage, he did not want to take no for an answer. Finally got to the finance guy, told him the same thing. He says yeah you got great terms, no sense in really trying to beat it and take a bunch of inquires! The guy got it and things were smooth and quick from there. Think the sales guy must be making some money on the financing. Dont blame him but geez listen to the customer eh?
03-19-2013 01:43 AM
sigh i know. i was fairly confident about my credit that i would qualify for the best financing by the manufactuer itself.
i also put in a downpayment of 58k, and financing only approx 10k, with the hopes that it will increase my credit score.
and this is just for a 2yr financing too. i was planning to PIF by end of this year, and get a new and finance it again.
Now I am going to think this through again because I don't want to get 5 stupid inquiries like this on a yearly basis.
if i had known he was gonna put in so many apps for me, i would have paid the car in full.
what was supposed to increase my score turned out to wreck my score instead.
03-19-2013 04:12 AM
ok just tried calling.
he said the credit department wasn't even open yet (i called the 2nd number as advised) so he told me to call back later
03-19-2013 05:33 AM - edited 03-19-2013 05:33 AM
I also applied for AMEX BCP.
Got denied as well. I called EO 8002976197, and they told me to call 8773993083 instead. Spoke to a lady from a foreign call center.
My EX FICO score according to AMEX is 768......and I still got declined
1. too many inquiries in past 12 months (5 in feb due to auto loan).
2. amount of credit available <--- I NEED TO GET THIS FIXED. My WF CC is not taken into consideration entirely because of a stupid $30 dispute that a stupid seller on ebay never shipped the item. I am told to send over proof of the dispute and my statement that shows my balance of $0.
3.High debt ratio. I am guessing this refers to my auto loan which is reporting 100% ratio of current balance / total loan amount, since I am not even past my 1st bill statement deadline yet. I have already paid $5000 off $10.5k financed, so I will have to wait till statement cuts on March 25th.
4. Insufficient revolving credit lines (or something like that. could barely understand her) <---- Only my chase and 2 store cards (Macy's & Bloomingdales) are taken into consideration since WF isn't factored in while its in dispute status.
In summary, I am bummed about the denial and excited my EX is 768.
I guess I will have to try call again to recon, or reapply when the stupid dispute falls off. It's hurting me a lot right now since my WF is my highest CL (10k) and also my oldest account established (8yrs).
Anyone have any luck with recons over the phone for AMEX and Chase please help!
For AMEX, the EO office said they are not responsible for stuff like this Should I call back at another time? Or is there another number to call?
I just called Chase as well. They didn't say whether I am declined or approved. Just told me it's processing...........gahhhhhh. not sure if that's good or bad.
03-19-2013 06:57 AM
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.