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Frequent Contributor
Jubeyy
Posts: 258
Registered: ‎06-03-2008

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Message Edited by Jubeyy on 06-07-2008 08:53 PM
Frequent Contributor
Jubeyy
Posts: 258
Registered: ‎06-03-2008

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[ Edited ]
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Message Edited by Jubeyy on 06-07-2008 08:53 PM
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Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: GOOOOOOD MORNING!!

Interesting that they let you in with that existing high util! I suppose it's possible that they could whip around and F/R you. Apparently the decision to F/R is done by a different department than the one that grants credit. It would be nice if they'd discuss this internally.

Anyway, your best bet is to use the new AmEx but pay it off immediately, never carrying a whisper of a balance. Until you get your first statement, you won't be able to pay on their site, but if you can do bill pay from your checking account, you can force payments into their unwilling hands.

In the meantime, they will likely soft your EX report at least every 15 days. The best advice I can give is to not allow any of your existing balances to increase; to keep paying them down by noticeable amounts (AmEx is looking for this); don't abuse your AmEx card in any way, shape or fashion, and keep your 2007 1040 form and your most recent pay stub handy. :smileytongue:

BTW, the only inqs that are counting in your scoring are those from July 07 onward (the most recent 12 months' worth), although of course they do display for 24 months. Good luck!
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Frequent Contributor
Jubeyy
Posts: 258
Registered: ‎06-03-2008

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[ Edited ]
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Message Edited by Jubeyy on 06-07-2008 08:54 PM
Valued Contributor
thrasher865
Posts: 1,163
Registered: ‎05-21-2008

Re: GOOOOOOD MORNING!!

They ARE SPECIAL!!!!!!
 
 
They got Ellen into Beyonce's show!

Starting Score: EQ: 665 - TU: 687
Current Score: EQ: 749 - TU: ---
Goal Score: EQ: 760 - TU: 760


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Frequent Contributor
Jubeyy
Posts: 258
Registered: ‎06-03-2008

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[ Edited ]
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Message Edited by Jubeyy on 06-07-2008 08:53 PM
Frequent Contributor
mrsanderson
Posts: 366
Registered: ‎12-20-2007

Re: GOOOOOOD MORNING!!

Congrats!!!! Thats AWESOME and a GR8t Feeling!!! IF your happy and ya know it CLAP yr Hands!!!:smileyvery-happy:
~EveryThing Is Within REach~FICO FORUM roCKs.....
Moderator Emeritus
Timothy
Posts: 9,252
Registered: ‎03-19-2007

Re: GOOOOOOD MORNING!!

$2K is not that low of an opening limit-
lot of people (including me) start with $1K 
 
Just treat it as a "charge card" that you must PIF every month-
if you "need" to carry a balance a month - no big deal to Amex
 
I have done everything you are not supposed to do with Amex- 
Let other account balances increase (then PIF I just let them post), opened several cards with them and others, had a CA for about 3 weeks, 
 
I did let my scores go up-
 
I fully believe Amex has not gotten upset because I PIF them every month like clockwork-  
 
Small potatoes to some here- MY Business line is at $20K and personal is at $12K  - and they will let me allocate my business CL to my personal.

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