CopperHD wrote:I thought that Amex only uses a Soft if declined for current members and a Hard pull if approved. It says that they pulled my score on the 10th when i was approved.
Once you are approved they will do the HP. A little bit backward but it saves current members from getting a HP for a declined card. I suppose the approval is somewhat conditional on the HP, but I have never heard of anyone being declined after a HP.
OhioCPA wrote:
CopperHD wrote:I thought that Amex only uses a Soft if declined for current members and a Hard pull if approved. It says that they pulled my score on the 10th when i was approved.
Once you are approved they will do the HP. A little bit backward but it saves current members from getting a HP for a declined card. I suppose the approval is somewhat conditional on the HP, but I have never heard of anyone being declined after a HP.
It does happen for marginal applications in some cases, much like the multiple pulls. This is pretty darned rare though, <1% even.
FWIW I still think I have one of the most absurd BCP approvals ever until I see my letter from Amex stating I have a much higher EX FICO or similar than I can rationally expect, and EX was the only report pulled, so the double pull is pretty uncommon, and the HP denial is even less common than that.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)Current Score: EQ 648, Wally TU 673, EX 687 (06/15/13)
Goal Score: 680 in all three (01/01/14)
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