topic Re: Five Times is NOT the charm with AMEX....... in Credit Card Applications

Five Times is NOT the charm with AMEX.......

Anonymous — Wed, 28 Feb 2018 20:58:57 GMT

I always read on the forums that Amex loved thin files and people new to credit. Unfortunately, that hadn’t been extended to me. I have been applying since September 2017, no dice. Even recently when my scores on EX were in the 700’s, no dice again. Denial reasons have been lack of credit history, inquiries and no installment accounts. I won’t give up though. In a few months, we’ll see. Looking for a revolver and a charge card.

Re: Five Times is NOT the charm with AMEX.......

Anonymous — Wed, 28 Feb 2018 21:26:29 GMT

@Anonymouswrote:
I always read on the forums that Amex loved thin files and people new to credit. Unfortunately, that hadn’t been extended to me. I have been applying since September 2017, no dice. Even recently when my scores on EX were in the 700’s, no dice again. Denial reasons have been lack of credit history, inquiries and no installment accounts. I won’t give up though. In a few months, we’ll see. Looking for a revolver and a charge card.

You have a ton of new cards, the inquiries that came with those, and the inquiries from these denials. These things look desperate to potential creditors and desperation generally equals higher risk in their eyes.

I would garden for a year, maintain AZEO on your cards, and I would think you'd be sure of success then.

Re: Five Times is NOT the charm with AMEX.......

Anonymous — Wed, 28 Feb 2018 21:40:29 GMT

Can't argue with that. Lol.

Re: Five Times is NOT the charm with AMEX.......

SomewhereIn505 — Wed, 28 Feb 2018 22:31:43 GMT

Are you checking the prequals before apping? Hate to see you with a ton of inqires.

Re: Five Times is NOT the charm with AMEX.......

Anonymous — Wed, 28 Feb 2018 22:49:47 GMT

I have been checking about once a week. No luck.