topic Re: American Express and ME!! in Rebuilding Your Credit

American Express and ME!!

Anonymous — Mon, 05 Oct 2015 17:27:54 GMT

Hey everyone. How is everyone doing?

I have been wanting to get an AMEX Card for a while. I just want to be sure im ready with my credit so I dont waste a HP. Right Now My scores are EX 660 EQ 637 and TU 620. I have about 4 TL Open and Current never missed and paid on time. Cap1 Quicksilver 800.00 Cap1 Platinum 500.00, NFCU Nrewards 1000.00 and Barclay Apple Visa 2000.00. MY AAOA is 4Yrs 5 Mo. I have a Bankruptcy on file about 2 years Old. All Collections removed from my record nothing showing and Some student loans that I am rehabing which will remove all lates and negative remarks in 4 Months. What is my best course of action in thios process? Thanks Everyone for all your help in the past never would have made it as far as I did without your all input and advice.

Re: American Express and ME!!

Anonymous — Mon, 05 Oct 2015 18:09:39 GMT

Before you apply, be sure to read up on the approval odds for someone with your credit score. If you’re trying to get an American Express with fair credit, you need to be realistic in your expectations. I believe AMEX is amongst the pickiest and most stringent CC companies around. You may want to get your scores into the 700s before applying. Just an opinion though.

Re: American Express and ME!!

Anonymous — Mon, 05 Oct 2015 18:18:23 GMT

Ok. Yea I have read some places on here where they can be a bit of a stickler when it comes to getting an approval. I dont want to apply and waste an HP for no reason at all.

Re: American Express and ME!!

Anonymous — Tue, 06 Oct 2015 14:43:04 GMT

My Experian is 643 and I was able to get AMEX with $1100 limit

Re: American Express and ME!!

darwin_wins — Tue, 06 Oct 2015 15:07:16 GMT

Check around to see if Amex will approve you with BK on your file.

Re: American Express and ME!!

Anonymous — Wed, 07 Oct 2015 03:03:31 GMT

Consider going for a cobranded card. I just got a Delta SkyMiles card with middle of the road scores.

Re: American Express and ME!!

Anonymous — Wed, 07 Oct 2015 12:35:50 GMT

Yea that would be the only thing that is holding me back is because of BK7 on my record. I didn't burn them or nothing, never had them to begin with lol. Just really one of those cards I want. I haven't checked into the delta cards yet or something similar to that. Might do my due diligence and see how that goes.

Re: American Express and ME!!

Anonymous — Wed, 07 Oct 2015 17:32:53 GMT

If the student loans are the only negatives you have besides the BK then wait the four months make sure they have fallen off and then apply. If you really want an American Express card now you can go to their pre-approval site and see if they have any offers for you if they don't then I would wait the four months. Keep in mind that pre-approval offers are not a guarantee of approval.

Re: American Express and ME!!

Anonymous — Wed, 07 Oct 2015 21:51:47 GMT

Yes I will have to try and see about the pre approval and see what comes up. Thanks for mentioning that. I understand its not a sure thing, but at least it goves you an ideal of where you are.

Re: American Express and ME!!

Anonymous — Wed, 07 Oct 2015 22:06:42 GMT

All I get when I plug in my info on the AMEX site it says that Based on your intrestes that the following cards would be recommended for you and it gives 3 choices but I dont that is a pre approval... or is it?

Re: American Express and ME!!

jbsea — Thu, 08 Oct 2015 02:07:08 GMT

Yes I would wait for the latest to fall off. Those are hurting you. Then maybe go for a charge card.

Re: American Express and ME!!

Anonymous — Thu, 08 Oct 2015 11:05:10 GMT

Ok sounds like the charge cards you mentioned from Amex is good ideal. They are easier to get than the revolving lines are. I think I'm gonna wait for the SL to get out of default which will be in 4 months and then apply for a PRG Amex card, work with that because paying my balances in full is what I like to do anyway. Also after having history maybe op for the ED from them would be nice as well. I have always liked the ideal of having a Amex card. Just one of those cards I have always wanted...lol.

Re: American Express and ME!!

Anonymous — Sat, 02 Jan 2016 02:40:46 GMT

Hello - A lot of posts state that AMEX will NOT approve you with BK on your record - for the most part, this is true. However, if you didn't burn them in your BK, and you've established some SOLID credit, you may be able to approved. I am 7 years post BK and I do have one; it is possible! Good luck

Credit Score: 715
Cards in my Wallet:
Amex Delta 6K Amazon 3K Barclays iTunes 5K BOA Visa 1.5K Bob's Furniture 5.7K Capital One Visa Signature 12.7K Care Credit 7K Chase Freedom Visa 500 Discover 7K Express (Comenity) 3K Kay Jewelers 5.5K Kohls 1K Liberty Bank Visa 4K Lowe's 6K Macys 5K Merrick Bank Visa 1.8K Men's Wearhouse 2.5K Nutmeg State FCU Visa 5K Pottery Barn (Comenity) 2K Target 1.8K TJX 1K Toro (Synchrony) 5K Walmart 1.5K

Re: American Express and ME!!

Anonymous — Sat, 02 Jan 2016 03:17:32 GMT

I got the skymiles with a 664 ex score.
Things on my credit report
Dismissed BK-07
Discharged BK-07
2 tax liens -2011 and 2012
10,000$ judgment
5 charge offs- 2012
8 late payments in 2012-2013 on one account
1 late payment in 2011 on another account
2 collections
Everything is paid.
Positives on my CR 41 accounts paying as agreed open. 10 accounts closed paid as agreed AAoA 3.4 years.

If that helps.

Re: American Express and ME!!

Anonymous — Sat, 02 Jan 2016 03:20:52 GMT

My buddy got the delta skymiles too. SL 10k
Filed BK in 2010. No baddies since BK. Ex was 675.

Re: American Express and ME!!

Outdoorstech1 — Sat, 02 Jan 2016 12:16:30 GMT

I got approved for the AMEX BCED w 5K CL back in march 2015, with two collections and a Paid Judgement. My FICO at the time was around 675 I believe.