03-13-2013 09:01 PM - edited 03-13-2013 10:29 PM
03-13-2013 09:04 PM
03-13-2013 11:57 PM
I applied for the Amex blue card to complete my rotation of cards last Thursday night and bam I was declined. I called in the next morning and talked to someone from India and he said he would send it in for review. It is now wed. Is it normal to take this long? Website shows "in progress".
I currently have chase freedom, Bofa sig, discover, citi diamond preferred. Total about 32k revolving credit.
No negatives but a couple 30 day late pmts in 2010 2007.
I was approved for the BCE with one late in July 2010 for a car loan. I also just applied with Chase (Freedom) prior to AMEX, so there was one inquiry in my EX CR. That was my only late however, no other negatives, baddies, etc. I was probably approved due to my EX Fico being 750+ and overall util around 9%. So, AMEX will approve you with a late, depending on how long ago that late was and as long as everything else in your CR looks good.
03-14-2013 04:11 AM
For AMex, I believe your cc debt is way too high. Take a look , 32K, wow, that is a lot of liabilities.Get it to less than 10% you will have a far better shot.
03-14-2013 09:55 AM
03-14-2013 05:45 PM
Great, you may need to wait a while for the payments to catch upto the credit bureaus. Good Luck!
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.