topic Re: AMEX Pre Approval? in Credit Cards

AMEX Pre Approval?

Anonymous — Thu, 04 Feb 2016 17:42:33 GMT

Hello all, you have all been missed. I've taken this time away to really work on mine and SO credit and pay down cards and not apply for anything for a while now. Well I came back today and decided to look at a few PreQual sites. Mostly for my SO because he got a new job with a higher income about 6 months ago. I went to the Amex site (Long Shot) and this came back. I've never see it say this before and it has fixed APRs. If we can get this I think this is all we will ever need and I wouldn't want to apply for anything else ever again. Currently we have 3 Cap one cards between us and 2 store cards. Was unable to paost a pic so I added the link.

http://imgur.com/Jzkn7bO

Re: AMEX Pre Approval?

Anonymous — Thu, 04 Feb 2016 18:09:51 GMT

I guess I should have asked a question lol!. Is this the actual Preapproval? Is it true that Amex is pretty solid?

Re: AMEX Pre Approval?

jacetx — Thu, 04 Feb 2016 18:13:39 GMT

Yes, it shows a specific APR instead of a range. Let us know if you go for it. Good luck!

Re: AMEX Pre Approval?

heyarrnold — Thu, 04 Feb 2016 18:13:44 GMT

Yes, that's a pre approval. I would go for the 50k PRG offer. It's a good one.

Re: AMEX Pre Approval?

TURNERHOOVER — Thu, 04 Feb 2016 18:14:24 GMT

If you don't mind burning an INQ then go ahead. If it were me I'd wait till my EX score were at least 660 or above before apping.

Re: AMEX Pre Approval?

Anonymous — Thu, 04 Feb 2016 18:21:01 GMT

@TURNERHOOVER wrote:
If you don't mind burning an INQ then go ahead. If it were me I'd wait till my EX score were at least 660 or above before apping.

Well this is for my SO. I'dont know his scores. I know that his profile only has 2 very old med bills that other than that all of his accounts have been in good standing with CLI ever so often.

Re: AMEX Pre Approval?

Anonymous — Thu, 04 Feb 2016 18:29:13 GMT

Well it was denied. Ohh well at least another 6 months in the garden. Thanks guys!

Re: AMEX Pre Approval?

OmarGB9 — Thu, 04 Feb 2016 23:59:40 GMT

Sorry about the denial.

Re: AMEX Pre Approval?

Anonymous — Fri, 05 Feb 2016 03:16:48 GMT

Sorry, did they tell him why?

Re: AMEX Pre Approval?

Anonymous — Fri, 05 Feb 2016 06:40:36 GMT

I think you need about another 40 points or so on your FICO to get approved for AMEX. Just give it some time and you'll get in.

Re: AMEX Pre Approval?

takeshi74 — Fri, 05 Feb 2016 15:45:53 GMT

Never rely on prequals. Assess your own reports. Apply for cards that suit your needs/wants.

@Anonymous wrote:
Well this is for my SO. I'dont know his scores. I know that his profile only has 2 very old med bills that other than that all of his accounts have been in good standing with CLI ever so often.

Work on addressing those first. Derogs tend to have a major impact and hold one's scores down as long as they are reporting. If they're medical, Google and see if whychat's HIPAA method would help.

You want to identify the issues with the biggest impact and address them first instead of just waiting and hoping for a preapp.

Re: AMEX Pre Approval?

bsal — Fri, 05 Feb 2016 16:02:45 GMT

What are your scores