@manwoot wrote:It's a charge. Amex Charges are easier to get approved for than Amex revolvers.
Does anyone know if they will approve me with the 3 chargeoffs? They are all over 4 years old.
Unpaid COs?
Edit: sorry, just read your first post. If your CS is high enough to overlook the COs, yes. Currently I think it would be a no. Maybe next year or when the util is much lower.
Edit: sorry, just read your first post. If your CS is high enough to overlook the COs, yes. Currently I think it would be a no. Maybe next year or when the util is much lower.
Paid but for less than the full balance.
Settled for less- than probably no
So I shouldnt apply for anything major (Discover, Chase, Citi) until they fall off?
I wouldn't say that... I have 2 accounts that were CO and settled for less than the full amount in 2009. They're still on my CR, but as you can see from my signature I've still managed to pick up a few prime cards within the last few months.
You never know until you try.
@manwoot wrote:I wouldn't say that... I have 2 accounts that were CO and settled for less than the full amount in 2009. They're still on my CR, but as you can see from my signature I've still managed to pick up a few prime cards within the last few months.
You never know until you try.
Do you mind telling me what your scores were when you were approved? Or if they were higher than mine?
My scores are currently and have been hovering around the 650-660 range.
I had a couple Capital One cards for 3 years with perfect payment history, so I'm sure that helped... But you and I aren't so different. Income is 40,000 with a rent payment of 850 a month.
@manwoot wrote:
I wouldn't say that... I have 2 accounts that were CO and settled for less than the full amount in 2009. They're still on my CR, but as you can see from my signature I've still managed to pick up a few prime cards within the last few months.
You never know until you try.
Exactly! Try to limit what a lender would perceive as negative or risky. High util, inq's etc. You might have to recon but its better than a denial.
Edit: my lame attempt to quote.....I miss that feature.
I wouldn't say that... I have 2 accounts that were CO and settled for less than the full amount in 2009. They're still on my CR, but as you can see from my signature I've still managed to pick up a few prime cards within the last few months.
You never know until you try.
Exactly! Try to limit what a lender would perceive as negative or risky. High util, inq's etc. You might have to recon but its better than a denial.
Edit: my lame attempt to quote.....I miss that feature.