07-23-2013 10:48 AM
Currently in garden after a successful app spree. I had an AMEX charge off that was paid and has fallen off my CR. My current CR is close to clean with no lates or charge off's and will be middle of next year. I've read about people having difficulty obtaining CC with companies that have had a marked history even if it doesnt show up on CR.
My question is, should I contact AMEX before or apply and hope for approval and then recon if declined? Thanks in advance...
07-23-2013 10:49 AM
Personally, I would wait until absolutely everything has fallen off since it will only be a year, but I guess it'd be worth a shot. Try applying for a charge card first (instead of a revolver) as people have said the U/W for those is a little less strict.
07-23-2013 10:52 AM
07-23-2013 10:57 AM
Good Question. I think its related to my mortgage because when I was approved for mortgage I saw a steeper drop in EX than the other two which at the time all three were relatively the same. The file contains basically the same information across all 3. Maybe 1 additional inquiry.
I havent completely made sense of it...
07-23-2013 11:24 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.