topic Re: What can I get with these scores? in Credit Cards

What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 02:56:17 GMT

TU-689

EQ-657

EX-633

No BK ever, one small hiccup collection that will go away in march 2008 ( $400 )

I am an AU on AMEX GOLD with $2000 maximium used as they don't report credit line , just the maximium used. Util all at or under 10% for credit cards and I have my own DELL $2500 line with $600 balance. No lates. I also got my own CITI Platinum plus with $2000 line. Again all under 10% utilization.

My credit dates back to 1995 on TU & EQ, but EX doesn't report my AU accounts. And it report my credit only 6 month old. Hence the score I guess. I wonder if the EX are first to drop AU from scoring this september?

Any help would be appreciated.

Message Edited by montana on 08-22-2007 06:50 PM

Message Edited by montana on 08-22-2007 07:56 PM

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 02:09:24 GMT

montana wrote:

TU-689

EQ-657

EX-633

No BK ever, one small hiccup collection that will go away in march 2008 ( $400 )

I am an AU on AMEX GOLD with $2000 maximium used as they don't report credit line , just the maximium used. Util all at or under 10% for credit crads and I have a DELL $2500 line with $600 balance. No lates. I also got a CITI Platinum plus with $2000 line. Again all under 10% utilization.

My credit dates back to 1995 on TU & EQ, but EX doesn't report my AU accounts. And it report my credit only 6 month old. Hence the score I guess. I wonder if the EX are first to drop AU from scoring this september?

Any help would be appreciated.

Message Edited by montana on 08-22-2007 06:50 PM

Ifyou want to get credit on the AU bump act sooner rather than later. try www.financeglobe.com www.whogavemecredit.com and right here in myfico is a credit card rater from poor to excellent credit (I can never figure out what I am unfortunately)

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 02:27:34 GMT

But there is stll time. It's safe to assume that TU and EQ will switch to FICO08 in January 2008, no? EX stopped using AU alltogether now. I mean at least mine doesn't show anything except one TL with DELL.

I am so confused. lol.

Thank you for your reply.

Message Edited by montana on 08-22-2007 07:27 PM

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 14:10:52 GMT

Is this true? Ex has stopped counting au's? I better have my dw check her fico. Thanks for the heads up!

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 16:04:40 GMT

DuckHunter wrote:

Is this true? Ex has stopped counting au's? I better have my dw check her fico. Thanks for the heads up!

No, all FICO scores still consider AUs.

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 21:43:30 GMT

Today, I got approved for a $2500 wamu card at the branch. I was opening a free checking with a $100 dollars and the pre-approved thing came up. The teller said that not everyone gets it like that. So anyway, I guess they go by the high limit on your TL, mine was DELL at the same amount. They pull TU. What they told me at the bank. So apparently I was good enough for them.

I will try AMEX next. Have my fingers crossed! lol.

Thank you all for you input.

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 22:22:33 GMT

Unless you don't mine the inquiry I would leave AMEX alone right now with your scores and recent inquires.

Re: What can I get with these scores?

Anonymous — Thu, 23 Aug 2007 23:19:40 GMT

Do I have too many inquiries? What is too many?

My inquiries are:

August 23, 2007 Washington Mutual ( approved $2,500 line, cash withdrawal unknown, maybe at least 20 % like described in terms letter ? )

August 16, 2007 E Loans Inc ( not approved for a car loan, asked $10,000 )

August 14, 2007 Capital One Auto Fin ( not approved for a car loan, asked $30,000 and thought they would just set their own limit )

August 09, 2007 Citi ( approved $2000 line and $2000 cash withdrawal Citi Platinum Plus)

March 19, 2007 Bank Of America ( AMEX BOFA not approved )

February 17, 2007 Dell Financial Services ( $1,500 line at 29.99% but 0% APR for 12 month new XPS deal that's why I took it, got a bump to $2,500 limit last week , probably after 6 month usage and review , thought I never asked for it )

September 22, 2006 Advanta ( don't even remember that one but looks like an impulse apply online or something )

I will probably wait untill 05/2008 when that collection will go away, by then I should have accumulated nice FICO for repayment and all ( will be more then 6 month ). Maybe even CL increase. I will have 2 my own credit card lines, one DELL account.

Though I am still tempted............................

Message Edited by montana on 08-23-2007 04:19 PM

Re: What can I get with these scores?

Anonymous — Wed, 29 Aug 2007 00:59:36 GMT

Approved for BOA AMEX at $500 line. too low for me, but it's a start.

Re: What can I get with these scores?

Anonymous — Wed, 29 Aug 2007 01:02:39 GMT

montana wrote:

Approved for BOA AMEX at $500 line. too low for me, but it's a start.

Approved for BOFA Amex? They are considered prime. I have an account and can't get time of day...lol!!! Even with current cards at ten times that limit.

Congrats.

Re: What can I get with these scores?

SpecFile — Wed, 29 Aug 2007 02:00:14 GMT

montana wrote:
Approved for BOA AMEX at $500 line. too low for me, but it's a start.

Congrats. Nice card.

Re: What can I get with these scores?

Anonymous — Wed, 29 Aug 2007 16:43:15 GMT

well, humpty-dumpty. i was just approved for an AMEX Delta at $2,000 limit.

bummer. I thought that after boa amex slaped me with 500 limit, I wasn't gonna get a good deal. i guess it pays to inquire. I got like 10 within the past 2 weeks already.

Re: What can I get with these scores?

SpecFile — Wed, 29 Aug 2007 17:20:12 GMT

Congrats!

Re: What can I get with these scores?

Anonymous — Wed, 29 Aug 2007 22:44:57 GMT

UPDATE :

I called the BOFA today ( they ran an inquiry this morning on me with TU - my best scroe of all 3 ) and they upped the limit on my BOFA AMEX Rewards to a $1,000. So I guess it's been worth the phone calls I made to BOFA.

Thanks to all who reads and replies to my posts.

I also got APPROVED for $2,000 limit AMEX GOLD DELTA today.

They said at BOFA that it's their own money they put up for the limit and not the AMEX. Hence the tight lending standards.

Message Edited by montana on 08-29-2007 03:44 PM

Re: What can I get with these scores?

Anonymous — Sat, 08 Sep 2007 20:16:28 GMT

UPDATE:

Just called the number on the back of my new Delta Skymiles card and converted to AMEX Blue Cash. Same terms as Delta Skymiles ( APR, CL, etc.). I told them about our forum so that their supervisors will read that we may cancel AMEX cards upon FR fairy knocking on our doors. I think if more people show them that we won't tolerate FR, they will take a notice and ease up on cardmembers in good standing.

Re: What can I get with these scores?

Anonymous — Sat, 08 Sep 2007 20:23:13 GMT

way to go on the conversion. i really want a blue myself.

as far as the fr thing they can bring it. i have been through so many background (local, state, federal, and who knows what else) checks, polygraphs, and voice stress analysis's that i am very careful how i answer document things. the worst they can do is freeze my account for a couple of days, or cancel all together (amex isn't even my 4th largest cl).

i'm not sure about your turning over our secret society to the man though. looks like we're all going to have to start typing in code.

Re: What can I get with these scores?

Anonymous — Sat, 08 Sep 2007 20:31:42 GMT

They have to know that we are not going to tolerate the credit freeze and demand for tax records. As for me, I wll pass FR no problem. The question is: if my income is middle six figures and they gave me a $2,000 credit card, should I even bother signing over private information? It's not like they give mortgage, even then people have no doc loans. I understand what they're doing as I am a banker myself, BUT....my VISA and MC have never done what AMEX is doing. Do you see my position now?

Re: What can I get with these scores?

Anonymous — Sat, 08 Sep 2007 20:37:30 GMT

montana wrote:
They have to know that we are not going to tolerate the credit freeze and demand for tax records. As for me, I wll pass FR no problem. The question is: if my income is middle six figures and they gave me a $2,000 credit card, should I even bother signing over private information? It's not like they give mortgage, even then people have no doc loans. I understand what they're doing as I am a banker myself, BUT....my VISA and MC have never done what AMEX is doing. Do you see my position now?

i totally understand (and agree), but i'm not going to sweat it either.

i'll even give you an example. once we applied for a mortage and they wanted the last three months bank statements. sure i gave it to them, but took a black marker and obscured every purchase transaction. they had no need knowing what and where i spent money on. however, they did have an intrest in confirming i had a bank account, not overdrwaing it, and had an income deposting into it.

if all amex wants is tax information, let 'em read till thier red eyed. all i can say is i'm glad i don't have that job at amex.

Re: What can I get with these scores?

SpecFile — Sat, 08 Sep 2007 20:40:27 GMT

It's like someone else said on these forums (might have been fused, brammy, or noah) can't remember. AMEX asking us for our financials to determine if we are suitable to do business with is going too far.

We could turn it around and ask an AMEX CSR for the CCCs financials so that we know that we are doing business with a reputable company that's going to be around for a while and has our back when we need them. I'm sure they would get those financials out in the mail first thing Monday morning. Yeah right!

Re: What can I get with these scores?

Anonymous — Sat, 08 Sep 2007 20:42:25 GMT

oh, i thought that was an excellent point. really drove home how outrageous the whole fr thing is.