topic Re: I want Approval: AMEX Green Charge Card..Help..please.. in Credit Card Applications

I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 01:36:27 GMT

Hi everyone, I want to get approved for the AMEX Green but I'm not sure if I will get approved with my current credit score report status:

Experian: 689

Utilization: 18%

Installment Student Loans: $29,000

Deregotory account: Paid Collection account

Accounts: 1 retail, 1 capital 1, 10 Student loans

Have not missed any payments on my account for the past year.

7 Inquiries on Experian.

Note: I gave my Experian credit score and information because I know that AMEX pulls out Experian 90% of the time.

Any help is greatly appreciated!

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 01:41:36 GMT

How old is the collection account, what type of credit, and what was the dollar amount? You say you haven't missed any payments for the past year. Did you miss payments before that?

Re: I want Approval: AMEX Green Charge Card..Help..please..

CreditCuriosity — Thu, 16 Jul 2015 01:43:42 GMT

Well within the parameters although anything can be a denial.. I think you have a good shot.. Income will play a factor as well. Also Amex pulls experian 99% of the time

edit: as Captool stated how many missed payments a year ago and how bad were they? 30, 60 90, 120 days?

Re: I want Approval: AMEX Green Charge Card..Help..please..

elim — Thu, 16 Jul 2015 01:46:53 GMT

go see if AMEX has any offers for you on their site

Re: I want Approval: AMEX Green Charge Card..Help..please..

CreditCuriosity — Thu, 16 Jul 2015 01:51:00 GMT

Also update score in signature

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 01:51:30 GMT

It was a verzion phone bill for $76 (year 2008).. I was a freshman in college (an unthinkable brain at the time)

Income: $60,000

I paid the $76 dollars, but my paid status shows: "failed to pay" on each month, for the past 2.5 years.. I didnt think much of it, until I decided to garden.

Re: I want Approval: AMEX Green Charge Card..Help..please..

CreditCuriosity — Thu, 16 Jul 2015 01:56:17 GMT

@Anonymous wrote:
It was a verzion phone bill for $76 (year 2008).. I was a freshman in college (an unthinkable brain at the time)
Income: $60,000
I paid the $76 dollars, but my paid status shows: "failed to pay" on each month, for the past 2.5 years.. I didnt think much of it, until I decided to garden.

I think you have a decent shot... Only thing that bothers me is that month after month is shows failed to pay, but you paid it... Is it showing a 0 balance?

Personally I think you have a very good shot at approval.. You have a decent income a fairly thing credit profile along with not to much student loan debt, although you imight want to look at consolidating that evently. Worse that will happen is 1 EXP inquiry.

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 01:54:04 GMT

7 inquiries on experian

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 01:56:04 GMT

Lol, its funny because amex send me A preapproval letter, I applied and then got denied.. my re-offer still shows on the pre-offer site.

Re: I want Approval: AMEX Green Charge Card..Help..please..

CreditCuriosity — Thu, 16 Jul 2015 01:59:26 GMT

@Anonymous wrote:
Lol, its funny because amex send me A preapproval letter, I applied and then got denied.. my re-offer still shows on the pre-offer site.

How long ago was the denial? What were the reasons stated on it? Also Personally all Charge cards (green/PRG/Plat) have the same underwritting criteria, so personally I would go for the 50k PRG offer 0 AF first year and 1k spend in 3 months to get the 50k MR points if you choose to go for it again...

You have a better EXP fico score than myself and I have 26k in credit with them with CA's and CO's and lates when I applied, although alot thicker credit profile.

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 02:04:17 GMT

the denial was a 1.5 months ago because my experian fico was a 611 .. have 1 derog, my student loan to inital loan ratio is too high (which means I havent paid off atleast 30% of my student loans yet) .. and I had a high utlization at the time it was in the low-high 30s%, and I didnt have enough credit usage (because I applied for a credit card 8 months ago... since college--Those were the reasons.

my AAoA is 5 years and 2 months.. my oldest acount is 7 years.

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 02:27:02 GMT

Creditcuriosity, I paid the$76 last month... my reprt shows "failed to pay" before I paid it.. so it shows: "faile to pay" for the past 24 month.. it shows Paid for the month of June and it shows a $0 balance.

Re: I want Approval: AMEX Green Charge Card..Help..please..

jbsea — Thu, 16 Jul 2015 02:36:56 GMT

@CreditCuriousity wrote:
@Anonymous wrote:
Lol, its funny because amex send me A preapproval letter, I applied and then got denied.. my re-offer still shows on the pre-offer site.
How long ago was the denial? What were the reasons stated on it? Also Personally all Charge cards (green/PRG/Plat) have the same underwritting criteria, so personally I would go for the 50k PRG offer 0 AF first year and 1k spend in 3 months to get the 50k MR points if you choose to go for it again...

You have a better EXP fico score than myself and I have 26k in credit with them with CA's and CO's and lates when I applied, although alot thicker credit profile.

Everyone keeps saying that but I've seen a couple of post where people were denied for the gold but got the green. When I was looking at the pre-selected cards and the offers I got in the mail were for the green card. I waited a few months and finally got the pre-selected PRG which I took. I think that the UW is close but I dont think that they are the same.

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Thu, 16 Jul 2015 02:40:09 GMT

Can you upgrade from green to gold, or does it require another hard pull, in order to get gold..?

Re: I want Approval: AMEX Green Charge Card..Help..please..

CreditCuriosity — Thu, 16 Jul 2015 02:52:46 GMT

Yes you can upgrade the green to the gold, but you miss out on the MR point being 50k offer.. I personally would go for the PRG if you want a charge card, if you want a revolver I think you would have a good chance with the ED card personally as well.. Have you thought about that? Just trying to steer you in the right direction.. Also at other poster, yes charge cards all have the same UW criteria, just more AF's.. Revolvers have different UW such as ED or EDP is easier to get then BCE or BCP.

Re: I want Approval: AMEX Green Charge Card..Help..please..

taxi818 — Thu, 16 Jul 2015 22:52:34 GMT

But if you just applied a month and a half ago. maybe its time to let it rest. not sure if you apply that soon anyway. but someone else may know. hmm.

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Fri, 17 Jul 2015 22:52:53 GMT

I'd go for it. I've seen people get approved for the Green with lower scores than you. It seems you rectified the reason they declined you 1.5 months ago which was likely utIlization ( or the main reason). Gooooooooo get it!

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Fri, 17 Jul 2015 23:28:43 GMT

Meyers, i think you're right-- I will give it another shot on my next fico score update.. Which should be the first week of August

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Sat, 18 Jul 2015 00:08:34 GMT

I'm going to be stalking you because I have to live vicariously through you. I was young and dumb and burned them in BK so I'll never have another chance at one. I'm trying to convince my husband to apply so I can just hold it lol

Re: I want Approval: AMEX Green Charge Card..Help..please..

Anonymous — Sat, 18 Jul 2015 00:51:28 GMT

Meyers, If your husband get one, can't he make you an authorized user?