topic Re: AMEX application denied. No hard hit? in Credit Card Applications

AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 03:59:07 GMT

Hey

I applied for a AMEX card for my wife (everyday credit card) and she was instantly denied. This was about two weeks ago.

I checked her EQ and TU report on credit karma today and they did not pull a credit report from those two agencies. Still waiting on a letter from them explaining why she was declined.

Any ideas why she would get an instant denial and they didnt pull a report from TU or EQ?

She hasnt has any AMEX card previously.

thanks!

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 04:03:57 GMT

AMEX almost always pull EX

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 04:25:09 GMT

and if she's a current member then it isn't a HP

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 05:15:43 GMT

I applied as well and I got hit for TU and EQ. Maybe because my history is fairly new. She isn't an existing member.

Anyplace I can check experian report without paying?

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 05:29:59 GMT

@Anonymous wrote:
I applied as well and I got hit for TU and EQ. Maybe because my history is fairly new. She isn't an existing member.

Anyplace I can check experian report without paying?

Not sure if there is any place to check for free (other than her free annual credit report) but you can almost guarantee she received an inquiry on Experian

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 05:41:33 GMT

Does Creditseasame pull from EX? Checked on there and no hit reported in October from Amex.

I'm just curious because she said she tried applying a few years back and was instant denial as well.

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 06:24:52 GMT

It is credit.com that pulls Experian, creditsesame.com pulls Transunion. Just remember that the scores they give are not fico scores but they will give you a glimpse to what is in your credit report.

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 06:34:45 GMT

Might depend on her income. I remember a few months back I applied for a Cap 1 Venture and was instant declined. I was sure I would get triple pulled and that would be a wasted attempt. But when I called in that day to see why I was denied they stated it was due to insufficient income and didn't even pull a report...

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 06:53:18 GMT

Thank you both! I'll have her call tomorrow and ask why she was denied.

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 07:09:16 GMT

You can check their application status website, it usually has the info on a details link. If you plan to reconsider it I would recommend you wait for the denial letter so that you know the fico score since a recon with them usually involves a second hp. Good luck.

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 14:45:25 GMT

@Anonymous wrote:
Might depend on her income. I remember a few months back I applied for a Cap 1 Venture and was instant declined. I was sure I would get triple pulled and that would be a wasted attempt. But when I called in that day to see why I was denied they stated it was due to insufficient income and didn't even pull a report...

Interesting, mind sharing income for a data point? Or at least was it under 50k?

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 19:09:40 GMT

Yeah sure it was 13k. I'm a college kid so don't laugh too much haha.

Re: AMEX application denied. No hard hit?

Anonymous — Mon, 09 Nov 2015 19:13:32 GMT

no one laughs at income.

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 18:52:26 GMT

still waiting on the letter, she did get a HP from EX, checked credit.com

Cant be her income, she does have a hefty student loan from law school days, maybe that plays a role?

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 19:10:03 GMT

Could be utilization. I was denied this Sept with over utilization at 5% and only 2 cards with balances. One at ~50% and the other at ~ 70% and fico8 core was 705. Then late last month had 3% uti with two showing and one at ~25% and the other at ~50% and score jumped to 739 and they approved.

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 19:14:15 GMT

lol, ck isn't any sort of accurate barometer on credit inquiries, you'd have better luck calling experian directly.

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 20:06:20 GMT

@Anonymous wrote:
lol, ck isn't any sort of accurate barometer on credit inquiries, you'd have better luck calling experian directly.

CK is perfectly accurate for the two CRA's it provides.

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 20:21:36 GMT

@Anonymous wrote:
@Anonymous wrote:
lol, ck isn't any sort of accurate barometer on credit inquiries, you'd have better luck calling experian directly.
CK is perfectly accurate for the two CRA's it provides.

If you say so pal.

Re: AMEX application denied. No hard hit?

Anonymous — Wed, 11 Nov 2015 20:30:52 GMT

it shows my credit inquiries accurately....

Re: AMEX application denied. No hard hit?

SunriseEarth — Wed, 11 Nov 2015 21:52:56 GMT

@Anonymous wrote:
I applied as well and I got hit for TU and EQ. Maybe because my history is fairly new. She isn't an existing member.

Anyplace I can check experian report without paying?

If DW was denied based on EX information, then you have a right to request a free copy of the CR. Go to the EX website to get this.