topic Re: Bought my scores here finally, what do you think? in Credit Cards

Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 17:31:17 GMT

So i did it, paid off $7800 in CC debt and brought my uti down from 68% to 13%. My scores jumped about 40 points from it. I purchased my 3 scores here from myfico and they show:

Ex: 703

EQ: 692

TU: 698

Longest account it 9 years old

AAOA is 5.4 years

1 baddie repo from Aug 2011 (shows as late only/collection? I dont know why it doesn't show as repo)

Income is at 80-100k depending on commission by years end

28 yrs old

That is the only baddie ive ever had in 9 years i know its a bad one but it had to be done.

I really want a Amex PRG, although i do the prequal and get nothing other than "we think you may like etc"

What are my chances?

Re: Bought my scores here finally, what do you think?

BungalowMo — Mon, 30 Jun 2014 17:47:36 GMT

Do all 3 reports reflect the $$ you paid down? Just making sure.

What do the 3 reports mention as your #1 bad thing on their scale?

Re: Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 17:48:45 GMT

Im sorry guys i was thinking of my Uti on just my one card i use (Cap one) My overal Uti is less than 1% right now.

Re: Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 17:53:16 GMT

Yes all 3 reports show that all CC are paid off execpt for $468 on my Cap one card..Total CC avail is 12k. The baddie shows as Late payment only on the summary of my report. If you look deeper in the account EX reports as bad debt charge off TU reports nothing reported and EQ states charge off.

Re: Bought my scores here finally, what do you think?

BungalowMo — Mon, 30 Jun 2014 18:40:32 GMT

@Anonymous wrote:
Yes all 3 reports show that all CC are paid off execpt for $468 on my Cap one card..Total CC avail is 12k. The baddie shows as Late payment only on the summary of my report. If you look deeper in the account EX reports as bad debt charge off TU reports nothing reported and EQ states charge off.

So TU isn't reporting this as a baddie at all?? Nice!

Now...I do know for a fact that AMEX pulls EX exclusively. When I got my "blue" card, they initially denied me. (long story, baddie from a school loan that was all OK until I paid, then it became paid collection on EX) I called the AMEX # to try for recon. He gave me a fax # for their media review team & I faxed all my docs to them. I was approved! I had to go through the same process for a CLI, but was also approved for that.

If you really want an AMEX card, try for the easiest to get & you can always PC later. If they don't approve you, do NOT lose hope! Take the steps I did & fax in info. There are real people with clear thinking brains on the other end of that fax line. Keep your letter short & to the point.

My "baddie" showed as Feb of 09 & I apped in April of 2011. They understand things happen & will look at each case on merit & info provided!

Good luck.

Lastly, that small balance on your card is fine. Don't app with everything at $0. bal. Looks like you're afraid to actually use your credit.

Re: Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 19:23:01 GMT

Thank you so much for the help.....I JUST APP'D FOR THE PRG AND WAS INSTANTLY APPROVEDDDDD!! So excited right now!

Re: Bought my scores here finally, what do you think?

wmweeza — Mon, 30 Jun 2014 19:31:42 GMT

Congrats!

Re: Bought my scores here finally, what do you think?

alvon123 — Mon, 30 Jun 2014 19:39:55 GMT

@Anonymous wrote:
Thank you so much for the help.....I JUST APP'D FOR THE PRG AND WAS INSTANTLY APPROVEDDDDD!! So excited right now!

congrats

Re: Bought my scores here finally, what do you think?

BungalowMo — Mon, 30 Jun 2014 20:12:36 GMT

Excellent news....Congrats on the approval.

Just wondering why you chose that over the others. I don't know much about that particular product. Just my own curiosity

Re: Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 20:20:02 GMT

Thanks, Im going to be starting my own company very soon and i will need to spend a large amount of money on a monthly basis and then pay it off from sales. This card will help for uti and the ability to spend more than a typical CC (im hoping). I know ill need to ease into larger spending but it seems to grow nice with you. Im beating myself up right now thinking if i should apply for the ED card since it will be a soft pull. What do you think? im just worried if it denies they will mess with my PRG approval lol, paranoid maybe.

Re: Bought my scores here finally, what do you think?

Bman70 — Mon, 30 Jun 2014 20:44:08 GMT

I might be wrong but I think business charges on a personal card caused some people problems? It might be worth looking into, and possibly PC to business card

Re: Bought my scores here finally, what do you think?

Anonymous — Mon, 30 Jun 2014 20:47:52 GMT

Yes i have read that too. it wont be anything major purchase wise until about december at which point if need be i will app for a biz card. However in the begining i feel it would be just enough spending per month to get the new member bonus and keep for personal use.

Re: Bought my scores here finally, what do you think?

efranklin23 — Mon, 30 Jun 2014 23:36:19 GMT

@Anonymous wrote:
Thanks, Im going to be starting my own company very soon and i will need to spend a large amount of money on a monthly basis and then pay it off from sales. This card will help for uti and the ability to spend more than a typical CC (im hoping). I know ill need to ease into larger spending but it seems to grow nice with you. Im beating myself up right now thinking if i should apply for the ED card since it will be a soft pull. What do you think? im just worried if it denies they will mess with my PRG approval lol, paranoid maybe.

Congrats on the new PRG card and Welcome to AMEX!

Re: Bought my scores here finally, what do you think?

elim — Mon, 30 Jun 2014 23:41:03 GMT

sweeeeeeet. party time!