topic Re: Amex's has fallen so low with this one. in Credit Card Applications

Amex's has fallen so low with this one.

firefox100 — Sun, 17 Sep 2023 16:23:15 GMT

Hi this morning I was board so I went to Amex's web site to apply for bluse cash creditcard. I am not upset that amex has turned me down again because I burnt them back 2000. I not happy with message that I got after filling out the application, we are sorry we can not apporve you for Amex credit card at this time You may be pre approved for Credit one Amex card and it had link to credit one. How far has amex fallen to associate with operation like that. At one time if you had amex card you wher at top of your game. Evem chase has me all ready approved for all ther cards. May be Amex will approve me in the next life time.

All my fico scores are over 800 and have total of 296K credit limits.

Re: Amex's has fallen so low with this one.

SouthJamaica — Sun, 17 Sep 2023 16:31:26 GMT

@firefox100 wrote:

Hi this morning I was board so I went to Amex's web site to apply for bluse cash creditcard. I am not upset that amex has turned me down again because I burnt them back 2000. I not happy with message that I got after filling out the application, we are sorry we can not apporve you for Amex credit card at this time You may be pre approved for Credit one Amex card and it had link to credit one. How far has amex fallen to associate with operation like that. At one time if you had amex card you wher at top of your game. Evem chase has me all ready approved for all ther cards. May be Amex will approve me in the next life time.
All my fico scores are over 800 and have total of 296K credit limits.

It's hard to believe they could turn you down with credentials like that. I would recon. Seems like a mistake to me.

Re: Amex's has fallen so low with this one.

GZG — Sun, 17 Sep 2023 16:35:13 GMT

did you actually apply or just use the pre-qualification tool?

Re: Amex's has fallen so low with this one.

firefox100 — Sun, 17 Sep 2023 17:32:21 GMT

I actually applied no hard pull, no I can't recon amex's does not need to approve me for card once you burn and not paid them back they will take you back. If you file Bk then you have chance to get back in with them. They do not charge off ther accounts they will hold them to the dogs come home for ever the only I may get back with them is to pay off about 25K not worth it to me. I burnt chase for about 80K and they have all ready approved for of ther cards.

Re: Amex's has fallen so low with this one.

NoMoreDebt — Sun, 17 Sep 2023 18:26:35 GMT

@firefox100 wrote:
I actually applied no hard pull, no I can't recon amex's does not need to approve me for card once you burn and not paid them back they will take you back. If you file Bk then you have chance to get back in with them. They do not charge off ther accounts they will hold them to the dogs come home for ever the only I may get back with them is to pay off about 25K not worth it to me. I burnt chase for about 80K and they have all ready approved for of ther cards.

I remember reading this before where they don't sell thier bad accounts. I burned them and Chase back in early 2015 in a bk7. I just this year have been able to get back in with AMEX however Chase even with us banking with them and having our mortgage with them never show any prequals or interest in giving me a card. I burned Chase for around $10k and Amex for around $4k best i can recall.

Re: Amex's has fallen so low with this one.

youngandcreditwrthy — Sun, 17 Sep 2023 18:40:38 GMT

American express got in trouble at one point by the CFPB for conditionally approving folks on debt that was past the SOL.. or for banning them because of past debt that was not legally collectable.

what I would do is complain to the CFPB because they are still doing the same thing it appears. Its interesting how double cycle billing was made illegal and now the card companies do triple cycle billing. Good luck! Basically, they're trying to collect on debt past the SOL.. that's what Id tell the CFPB if you file a complaint.

Re: Amex's has fallen so low with this one.

CreditCuriosity — Sun, 17 Sep 2023 18:45:55 GMT

@youngandcreditwrthy wrote:
American express got in trouble at one point by the CFPB for conditionally approving folks on debt that was past the SOL.. or for banning them because of past debt that was not legally collectable.

what I would do is complain to the CFPB because they are still doing the same thing it appears. Its interesting how double cycle billing was made illegal and now the card companies do triple cycle billing. Good luck! Basically, they're trying to collect on debt past the SOL.. that's what Id tell the CFPB if you file a complaint.

How they doing the same thing? They aren't trying to collect it. The are saying no thanks, but you can try credit one that is on our payment network if you want to have an AMEX brand of card? Creditors as OP mentioned have every right to turn a person down when they have never been made whole or burnt. I don't think I read they were asking to be paid back unless I missed that. Obviously if person wants to pay them back then they can and might get them back in with lender if important enough to person.

Re: Amex's has fallen so low with this one.

NoMoreDebt — Sun, 17 Sep 2023 18:49:37 GMT

@CreditCuriosity wrote:
@youngandcreditwrthy wrote:
American express got in trouble at one point by the CFPB for conditionally approving folks on debt that was past the SOL.. or for banning them because of past debt that was not legally collectable.

what I would do is complain to the CFPB because they are still doing the same thing it appears. Its interesting how double cycle billing was made illegal and now the card companies do triple cycle billing. Good luck! Basically, they're trying to collect on debt past the SOL.. that's what Id tell the CFPB if you file a complaint.
How they doing the same thing? They aren't trying to collect it. The are saying no thanks, but you can try credit one that is on our payment network if you want to have an AMEX brand of card? Creditors as OP mentioned have every right to turn a person down when they have never been made whole or burnt. I don't think I read they were asking to be paid back unless I missed that. Obviously if person wants to pay them back then they can and might get them back in with lender if important enough to person.

Was typing a response up in my head to lay out here but you beat me to it ^^

Re: Amex's has fallen so low with this one.

youngandcreditwrthy — Sun, 17 Sep 2023 19:09:31 GMT

well, I guess we would need to know firefox's denial reason(s) by Amex.

If its related to debt that is NOT legally collectable, then they've already gotten in trouble for this practice by CFPB in the past, and if it is related, Firefix should report to CFPB.

Re: Amex's has fallen so low with this one.

firefox100 — Sun, 17 Sep 2023 19:14:41 GMT

First thing Amex is not trying to get me to pay them back, I think they have the right to say know they are not using credit report they are going ther on co data. Also I just called Amex's collection dept and found that the card was closed in 2019 for non payment that is wrong also they said I wasmember since 1999, that is wrong I opwn a green card back in 1984 got plat card in 1989. they have balance as 15,600.19. I may need to wate another 10 years before I get into Amex at thatpointI will be 74 years old.

Re: Amex's has fallen so low with this one.

NoMoreDebt — Sun, 17 Sep 2023 19:27:54 GMT

@youngandcreditwrthy wrote:
well, I guess we would need to know firefox's denial reason(s) by Amex.

If its related to debt that is NOT legally collectable, then they've already gotten in trouble for this practice by CFPB in the past, and if it is related, Firefix should report to CFPB.

If you loaned money to someone 20 years ago and they didn't pay you back, should you be required/forced to loan them more money by law just because a pre determined amount of time has passed?

They aren't tying to collect, they are just saying thanks but no thanks we don't want to give you another card. If your statement is correct then I should file a complaint with the CFPB because Chase will not give me another card after I burned them in a bk7. Its their business their rules I figure as they dont want to do business with me same as Amex doesnt want to do business with the OP. No laws against that

Re: Amex's has fallen so low with this one.

Jnbmom — Sun, 17 Sep 2023 19:29:04 GMT

As OP clearly stated they are not trying to collect a debt . And most creditors can and will deny if you had a past negative with them .Whether it was a old debt that is not legally collectible , returned payments etc . If that was the truly the case then all these banks would be guilty of that 🙄

Re: Amex's has fallen so low with this one.

firefox100 — Sun, 17 Sep 2023 19:45:31 GMT

be low is the email with reason for denial.

Thank you for applying for the Blue Cash Everyday® from American Express. We're writing to let you know we cannot approve your application at this time because American Express cancelled your previous account(s).

If you have any questions, please call 1-800-222-8416 or write to us at the address above. You may qualify for a new Card in the future and are welcome to submit an application at a later date. You can also learn more about managing your credit at americanexpress.com/us/content/financial-education.

Re: Amex's has fallen so low with this one.

markhs777 — Mon, 18 Sep 2023 06:52:39 GMT

It's not complicated, Amex can't legally make you pay or punish you in any way except denying you one of their cards simply because you still owe them.

At one time Amex practically had a lifetime ban regardless of the current credit status. Believe it or not there are some who want a card with the Amex logo even with a sub prime bank.

Re: Amex's has fallen so low with this one.

Beefy1212 — Mon, 18 Sep 2023 23:34:47 GMT

@NoMoreDebt wrote:
@youngandcreditwrthy wrote:
well, I guess we would need to know firefox's denial reason(s) by Amex.

If its related to debt that is NOT legally collectable, then they've already gotten in trouble for this practice by CFPB in the past, and if it is related, Firefix should report to CFPB.

If you loaned money to someone 20 years ago and they didn't pay you back, should you be required/forced to loan them more money by law just because a pre determined amount of time has passed?

They aren't tying to collect, they are just saying thanks but no thanks we don't want to give you another card. If your statement is correct then I should file a complaint with the CFPB because Chase will not give me another card after I burned them in a bk7. Its their business their rules I figure as they dont want to do business with me same as Amex doesnt want to do business with the OP. No laws against that

No they are not required to loan you money young is... delusional on this. Further they can try to collect forever, the only thing they can't do on debt passed the SOL is sue you and try to keep it on your credit reports beyond the drop off date.

Re: Amex's has fallen so low with this one.

JoeRockhead — Tue, 19 Sep 2023 12:14:44 GMT

A lot of great points here. I think many people sometimes lose site of the fact that being granted credit isn't a right any of us have, it's a privilege extended by lenders and credit card companies. One which they can also cancel, or rescind at any time they see fit as is in every cardmember agreement out there.

Re: Amex's has fallen so low with this one.

Rogue46 — Tue, 19 Sep 2023 19:47:16 GMT

@JoeRockhead wrote:
A lot of great points here. I think many people sometimes lose site of the fact that being granted credit isn't a right any of us have, it's a privilege extended by lenders and credit card companies. One which they can also cancel, or rescind at any time they see fit as is in every cardmember agreement out there.

Well said @JoeRockhead that is spot on.

Re: Amex's has fallen so low with this one.

MarkintheHV — Wed, 20 Sep 2023 09:41:14 GMT

I had the same message with them, then it dawned on my my reports were frozen. Once I thawed them I got immediate approval.

They never told me they couldnt get my reports due to a freeze

Re: Amex's has fallen so low with this one.

Anonymous514 — Thu, 21 Sep 2023 16:54:19 GMT

Amex will approve literally anyone who hasn't burned them lol. I know many people who have been approved with scores in the 640 range. Amex is not the end all be all like everyone thinks 🤪. I'm personally more impressed with Discover

Re: Amex's has fallen so low with this one.

NoMoreDebt — Thu, 21 Sep 2023 23:23:49 GMT

@Anonymous514 wrote:
Amex will approve literally anyone who hasn't burned them lol. I know many people who have been approved with scores in the 640 range. Amex is not the end all be all like everyone thinks 🤪. I'm personally more impressed with Discover

Well there you have it. How does that pertain to the OP who says he did burn them?