topic Re: Amex ED - What are my chances? in Credit Card Applications

Amex ED - What are my chances?

Anonymous — Wed, 11 Nov 2015 20:53:57 GMT

Here are some stats:

672 EX

AAOA 2.6 years

14% util

16 inq - 6 over the past 6 months. 10 are over a year old (mostly from car loan shopping)

Many student loan lates. I consolidated them 16 months ago. No lates since.

$65k income

Newest reporting accounts (3 months old) - Discover ($1100), Cap1 ($1000), Barclays ($2000), Barclays ($2500), Comenity Motorola ($750), J Crew ($250)

Re: Amex ED - What are my chances?

CreditCuriosity — Wed, 11 Nov 2015 21:00:59 GMT

Could go either way...Only one way to find out.. Score with within their range.. Not to sure how badly the fairly current SL loates will hurt you.. I had a slew of old SL lates when I was approved, much more aged among other nasty stuff.

16 months since last late? I am guessing a low approval probably, but as stated it could go either way and obviously be ready for a possible denial if you go forward with it.. Other people will chime in as well I am sure.

Re: Amex ED - What are my chances?

Anonymous — Wed, 11 Nov 2015 21:50:54 GMT

Score and Util are close to what mine were - I think I was at 11% and my EX was 661 - that's what they pulled.

I have a couple lates on a car loan - last one about 13 mos ago.

I got it - $2K limit ...... I guess it's worth a shot.

Re: Amex ED - What are my chances?

Anonymous — Wed, 11 Nov 2015 22:45:24 GMT

I'd lean more toward yes but could go either way

Re: Amex ED - What are my chances?

Anonymous — Wed, 11 Nov 2015 22:58:21 GMT

Did you app yet?

(Note: The above is neither a recommendation nor a solicitation of an application of the credit card being discussed herein. An application should only be made after thoroughly reviewing the material, both benefits and terms of service, provided by the credit card issuing entity. You should read the provided material carefully in order to understand fully all of the implications and risks of the offering of the credit card to which it relates. The achievement of any or all goals is not guaranteed. There is no assurance that the value or benefits of the credit card will be sufficient to justify the application for same. It is just a question.)

Re: Amex ED - What are my chances?

Anonymous — Wed, 11 Nov 2015 23:08:25 GMT

you may be approved but i would imagine a SL between $1-$2k

Re: Amex ED - What are my chances?

ojefferyo — Wed, 11 Nov 2015 23:42:33 GMT

you may get a toy limit, if you aren't worried about the SL then go for it

Re: Amex ED - What are my chances?

Anonymous — Thu, 12 Nov 2015 01:13:54 GMT

Approved with a $500 SL ¯\_(ツ)_/¯

Re: Amex ED - What are my chances?

CreditCuriosity — Thu, 12 Nov 2015 01:21:16 GMT

@Anonymous wrote:
Approved with a $500 SL ¯\_(ツ)_/¯

Congrats! Treat them right and they will be there for you in the future with alot bigger approvals and 3x CLI's, etc.!

Re: Amex ED - What are my chances?

OmarGB9 — Thu, 12 Nov 2015 08:17:45 GMT

Grats on the approval! Now just treat that card right and watch it grow.