topic Re: Understanding AMEX in Credit Cards

Understanding AMEX

Anonymous — Thu, 09 Jul 2015 04:18:46 GMT

I pre-qualified online for AMEX BCE. I have a old unpaid AMEX CO (no longer on my CR). I thought that AMEX had a long memory and I wouldn't even pre-qualify. Does this mean I'm not black listed and have a chance ?

Re: Understanding AMEX

myjourney — Thu, 09 Jul 2015 04:31:06 GMT

Welcome to the forum

Chances are unless the CO was paid you stand a 99.5% chance of being denied ....sorry

Re: Understanding AMEX

Anonymous — Thu, 09 Jul 2015 05:44:37 GMT

You can give it a try. I believe if you're blacklisted they won't even pull your credit report (someone correct me if I'm wrong), so at least you'd know one way or the other. But I have heard that they have an extremely long memory, although there are reports of some slipping through the cracks.

Re: Understanding AMEX

myjourney — Thu, 09 Jul 2015 05:52:49 GMT

@Anonymous wrote:
You can give it a try. I believe if you're blacklisted they won't even pull your credit report (someone correct me if I'm wrong), so at least you'd know one way or the other. But I have heard that they have an extremely long memory, although there are reports of some slipping through the cracks.

Correct ^^^^^^^^^^^

Re: Understanding AMEX

Anonymous — Thu, 09 Jul 2015 06:43:30 GMT

Thanks you all for your replies. I was just wondering what's with AMEX. Been lurking here for almost 2 years and have learned a lot from this forum. I have rebuilt my credit and have now 6 CC (FBNO, CU Visa, Citi Simplicity, BOA Better Reward, Discover & Sallie Mae) and my scores are TU08 769, EX08 808, EQ08 796. Could not have done it without all of you.

Re: Understanding AMEX

noobody — Thu, 09 Jul 2015 06:52:23 GMT

Just do it, I had an unpaid 5 digs AMEX CO, wait 15 years, finally pull the trigger, approved 18K, auto backdated to 95.

Re: Understanding AMEX

Anonymous — Thu, 09 Jul 2015 07:08:31 GMT

@Anonymous wrote:
Thanks you all for your replies. I was just wondering what's with AMEX. Been lurking here for almost 2 years and have learned a lot from this forum. I have rebuilt my credit and have now 6 CC (FBNO, CU Visa, Citi Simplicity, BOA Better Reward, Discover & Sallie Mae) and my scores are TU08 769, EX08 808, EQ08 796. Could not have done it without all of you.

Congrats on doing such a great job rebuilding! I envy your scores!