topic Re: Amex soft on AU in Credit Cards

Amex soft on AU

Anonymous — Tue, 09 Oct 2007 03:32:02 GMT

I just noticed AMEX has been doing soft INQ's on my DW.

Will this hurt me for a CLI?

She is still about 100 points behind me- and getting there.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 03:35:24 GMT

Timothy wrote:
I just noticed AMEX has been doing soft INQ's on my DW.

Will this hurt me for a CLI?

She is still about 100 points behind me- and getting there.

Amex usually will treat an AU just like a cardholder. They did require her SSN when you added her right? Not sure how this will effect your CLIs but they do watch both parties.

I have heard them decline an AU due to poor credit performance.

Message Edited by Brammy on 10-08-2007 11:34 PM

Message Edited by Brammy on 10-08-2007 11:35 PM

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 03:39:49 GMT

Yes- SSN AU issued without any question.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 03:41:02 GMT

Brammy wrote:

Timothy wrote:
I just noticed AMEX has been doing soft INQ's on my DW.

Will this hurt me for a CLI?

She is still about 100 points behind me- and getting there.

Amex usually will treat an AU just like a cardholder. They did require her SSN when you added her right? Not sure how this will effect your CLIs but they do watch both parties.

I have heard them decline an AU due to poor credit performance.

Message Edited by Brammy on 10-08-2007 11:34 PM

Message Edited by Brammy on 10-08-2007 11:35 PM

maybe that's why my amex cli's keep getting shot dow. remeber my posts about dw's reports showing all kinds of collections, litteraly from out of the blue. man i thought it wouldn't hurt any of the au accounts.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 04:01:59 GMT

TY- looking for any more information here I can get.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 12:56:45 GMT

IMHO, there is no reason for Amex to pull the credit of the AU unless they treat the AU like a cosigner on the accout as far a s issuing additina l credit. You could always call them and find out. That is ne thing I don't like about Amex BUT it does make sense. IF one party, especially a spouse is demonstrating financial difficulties, it stands to reason that it may spread across the household even i the other spouse is unaware. Just sucks that they seem to practice this. Just make sure that AU on Amex doesn't mean equal liability like on their corporate cards.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 13:12:49 GMT

Actually - In the Terms
Amex reserves the right to go after AU for their purchases in the event of default.

(not the exact wording)

I am going to call them and find out.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 13:24:08 GMT

Timothy wrote:
Actually - In the Terms
Amex reserves the right to go after AU for their purchases in the event of default.

(not the exact wording)

I am going to call them and find out.

So it is the same as the corp card and its not really AU but a hybrid type of joint.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 23:14:59 GMT

well i called and asked a csr if au credit was factored into the mix and she said no. oh well, looks like i can't blame dw afterall.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 23:42:09 GMT

dnm45227 wrote:

well i called and asked a csr if au credit was factored into the mix and she said no. oh well, looks like i can't blame dw afterall.

Are they softing her report? If so, I would ask why they are monitoring her credit if it has no bearing on the account status.

Re: Amex soft on AU

Anonymous — Tue, 09 Oct 2007 23:45:26 GMT

i haven't looked into that yet. i will try do use a back door and report back.

Re: Amex soft on AU

Anonymous — Wed, 10 Oct 2007 01:28:35 GMT

@dnm45227 wrote:
i haven't looked into that yet. i will try do use a back door and report back.

Too busy to call today... Let me know what you find out.

Re: Amex soft on AU

Anonymous — Wed, 10 Oct 2007 02:30:36 GMT

ok, they hit a soft on her 9/5. i asked for the cli on 10/5, so it looks like the rep was on the ball with her info.