topic Re: CreditOne Amex Approved for $400 in Credit Card Approvals

CreditOne Amex Approved for $400

Anonymous — Fri, 18 Dec 2020 23:53:22 GMT

I was checking Experian and it said I was pre-approved for this so I decided to go for it. I am just ecstatic! This is the first unsecured general credit card I have. Details: Credit One Bank American Express Credit Card with 1% Cashbank, 23.99% Interest Rate and $39 Annual Fee, with a $400 credit limit.

They checked Experian Fico 8, and I have a 659 score. My Experian score was influenced by: Insufficient Number of Accounts; Number of Records; and Recent Inquiries. I had 5 inquiries on Experian within the last 12 months prior to that with the last one on 7/30/20 (when I joined a credit union). I have 9 open accounts, with 5 open credit cards (4 secured and 1 as authorized user), 2 retail cards (Firestone and Fingerhut), and 2 secured installment loans (1 with Self). I should also mention that I have 3 open medical collection accounts that are 4 years old and will be on my report until 2023.

Re: CreditOne Amex Approved for $400

JoeLuvsHisCredit — Sat, 19 Dec 2020 00:03:03 GMT

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Re: CreditOne Amex Approved for $400

FinStar — Sat, 19 Dec 2020 00:09:35 GMT

Congrats on your CreditOne AmEx approval @Anonymous.

Re: CreditOne Amex Approved for $400

AllZero — Sat, 19 Dec 2020 00:26:38 GMT

Congratulations on your approval!

Re: CreditOne Amex Approved for $400

gdale6 — Sat, 19 Dec 2020 00:36:32 GMT

Grats on your C1 Amex

If you wish to take care of those medicals:

Medical collections are some of the easiest to get removed from your CRs, here are the steps that you should follow to address them:

1. Call the OC and see if insurance can be billed, (or-rebilled), collections ultimately paid by insurance get removed per new rules that came from CRAs settlement with 22 state AGs. If not then
2. see if you qualify for Charity Care, if not then
3. ask that they recall the collection in exchange for full payment
4. Send the reporting CA a PFD offer
5. Google the HIPAA Process and contact its creator for help, this process cannot be discussed in any forum of myFico.

Re: CreditOne Amex Approved for $400

Anonymous — Sat, 19 Dec 2020 00:57:22 GMT

Congratulations to you!

Re: CreditOne Amex Approved for $400

M_Smart007 — Sat, 19 Dec 2020 01:25:15 GMT

Congratulations!

Re: CreditOne Amex Approved for $400

Anonymous — Sat, 19 Dec 2020 03:13:31 GMT

@Anonymous

so when you applied for the CO AMEX, they only HP'd your EX?

Re: CreditOne Amex Approved for $400

dudefromtx — Sat, 19 Dec 2020 06:25:09 GMT

Congrats on your approval!

Re: CreditOne Amex Approved for $400

coreyb80 — Sat, 19 Dec 2020 15:11:59 GMT

Congrats on the approval!

Re: CreditOne Amex Approved for $400

CreditAggie — Sat, 19 Dec 2020 16:02:24 GMT

Congratulations on your Credit One Amex approval!

Re: CreditOne Amex Approved for $400

gingerflower — Sat, 19 Dec 2020 16:50:01 GMT

Congratulations!

Re: CreditOne Amex Approved for $400

Anonymous — Sat, 19 Dec 2020 17:33:52 GMT

I think they only hit Experian. I know they didn't pull from Transunion, because I just checked my TU credit report.

I'm not 100% sure about Equifax because I can't get an Equifax credit report without mailing in more verification information. I haven't found a source for a free Equifax FICO score. I just checked CreditKarma (it provides a free EQ VantageScore), and it didn't show a hard inquiry, but it may only be updated once a month. I know my.equifax.com only updates on the 21st of the month, for me at least.

I want to point out, that to me, CreditOne is looking much better than CapitalOne, at least for the CreditOne Amex card. (I wouldn't recommend their regular card which has a $75 annual fee). I applied earlier this year to CapitalOne for a secured credit card and I was denied, with pulls on each bureau. Ouch. I'm not going to try with CapOne for at least 2 years, when all their inquiries fall off.

Re: CreditOne Amex Approved for $400

Anonymous — Sat, 19 Dec 2020 20:51:11 GMT

@Anonymous

I just looked it up. For Credit One, It depends on the state you're in apparently.

From what I did see though, they use EX as a primary, but use TU as a secondary HP if needed. So my guess is they only pulled your EX because EQ isn't listed on there.

As for CAP ONE, I have their Platinum card. I love my Platinum card. There's no AF.

The only thing about CAP ONE is they HP'd all 3 reports.

Re: CreditOne Amex Approved for $400

cashorcharge — Sun, 20 Dec 2020 04:06:14 GMT

That's great! Congratulations on your approval!!

Re: CreditOne Amex Approved for $400

Meanmchine — Sun, 20 Dec 2020 04:29:01 GMT

Congrats on your approval and good luck on your credit journeys !

Re: CreditOne Amex Approved for $400

Iusedtolurk — Sun, 20 Dec 2020 05:26:10 GMT

@Anonymous wrote:
I was checking Experian and it said I was pre-approved for this so I decided to go for it. I am just ecstatic! This is the first unsecured general credit card I have. Details: Credit One Bank American Express Credit Card with 1% Cashbank, 23.99% Interest Rate and $39 Annual Fee, with a $400 credit limit.

They checked Experian Fico 8, and I have a 659 score. My Experian score was influenced by: Insufficient Number of Accounts; Number of Records; and Recent Inquiries. I had 5 inquiries on Experian within the last 12 months prior to that with the last one on 7/30/20 (when I joined a credit union). I have 9 open accounts, with 5 open credit cards (4 secured and 1 as authorized user), 2 retail cards (Firestone and Fingerhut), and 2 secured installment loans (1 with Self). I should also mention that I have 3 open medical collection accounts that are 4 years old and will be on my report until 2023.

Congrats on your success! That first unsecured card is always a Feel Good moment and a chance to acquire better cards now that you have your foot in the door.