05-20-2013 04:17 AM
05-20-2013 05:58 AM
05-20-2013 06:05 AM
I requested a CLI on my Express Next Store Card this morning and they approved me to $550. I was at $250. I guess thats better than nothing. I need to start getting my cards up to a $2000.00 average CL. I know it wont happen with FPB in this lifetime. I hope BOA will give me a huge CLI at the end of the year. I would rather not provoke another inquiry from them to bump my deposit on my secured Bankamericard. Any thoughts?
05-20-2013 10:12 AM
I just received a letter from american express saying I'm pre-selected to apply for AMEX Green.. My FICO Transunion is 698, Experian Plus is 639, Equifax is 638.I have about 68,000 in Student Loan Debt. I have a paid CO from Verizon for Final Bill discrepancy. That became a paid CO in June 2012. I have a a few lates with Chase and FPB from back in 2006, 2007 and one 30 day in 2010 with Express Charge. I've been vehemently working to have the CO taken off for the past 10 months and have had no success. I send a letter a week to Verizon. The other lates I've given up on becuase they either say they wont remove or don't respond to letters. The Chase was closed and will fall off next year and the FPB (oldest account 7.4 years) will have the late fall off next year as well. I also opened up a secured BOA card in December 12' for $400.00. I havent missed a payment. Plan to go unsecured in September 2013.
With that being said I was kind of surprised AMEX reached out to me. I applied online with the code provided in the letter, and within 15 seconds I was approved for the AMEX Green. Does that sound surprising to anyone?
On a side note, First Premier Bank is the WORST company to deal with once you have graduated from bad credit and are looking to get CLI's. The only thing they did was lower my interest rate to 11.9% . They charge 6.00 monthly servicing fees, annual fee, and the BEST is the 25% CLI fee. They only give CLI's once a year, and $200 is their MAX. What a joke. I've been a customer for 7.4 years and they wont budge on CLI fee or caps on CLI. I havent missed a payment in 6 years!!! The only reason I keep the account is because they are my oldest account and keep my average at a decent number. Otherwise, I'd dump them. They have no plan for customers who build their credit over time.
As of right now, I have a BOA secured( $400), A FPB ( $550), A Express Charge ($250), and now an AMEX Green (not sure of the limit yet). Any advice on where to go next? Maybe sit and garden for a while? let my BOA unsecure before applying somewhere else? I have 3 inquiries on my report as of now. Verizon, BOA and AMEX.
I'd garden and build a solid pattern with AMEX before apping again. The best of luck to you.
05-23-2013 06:14 PM
So my AMEX green arrived today. Can't help but be giddy after opening the envelope and seeing the card. But then I see that I have another envelope that looks exactly the same as the offer I recieved last week for the Green Card. I opened it up and it reads, "you've been selected to apply for the American Express Gold Card." Now I'm confused. Why the hell are they sending me an offer for the Gold before I activated my Green? lol .. any ideas? Oh yea and I checked my Equifax Score on Myfico.com and it increased from 638 to 686! I'm on my way..
05-24-2013 02:20 PM
05-24-2013 08:28 PM
Before I close my FPB card, What is this "shopping cart trick" everyone is refering to? If I dump my FPB I lose $550 of my available credit. That leaves me with $400 on my BankAmericard, $550 on my Express Store Charge Card and my NPSL on the AMEX Green. I honestly dont need the FPB card (or the fees that go along with it.) I just dont want my score to drop because I closed my oldest account by far.
05-24-2013 08:53 PM
Do a search for the shopping cart trick. There is a whole list of stores that you might be able to get cards from by putting items in your shopping cart on their site and going to the checkout screen and after you enter your address you might get a pop-up that says your preapproved for a certain line of credit with them. They only do soft pulls which is great for your credit. There should be a list of the stores on another post - Victoria Secret, Pier One, Sports Authority and lots more.
Oh and you don't have to make a purchase to get the card. Good luck and congrats on the AMEX.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.