AMEX Green Charge Card Approval?

[Anonymous]

Hi everyone,

I want to apply for the AMEX green charge card.. I have to derogatory accounts that are "charged off paid" (which means I paid the deragotory accounts). Did anyone get approved for an AMEX card of any kind, while having 2 baddies on their credit report?

All answers are appreciated!

Thanks!

[CreditCuriosity]

Yes it is possible what is your EXPERIAN Fico score and we can help you out more with you question.  That will give us a ball park on whether you have a chance..  Alot more to approval than a score though.  Such as other accounts, AAoA, inquiries, income, etc., just to name a few.

[Anonymous]

My Experian score is at 632 FICO .. and I have 10 student loans, 27% Utility, 2 deragotories, income of $50k, 1 capital one Platinum at $1500 CL, one store card at $850 CL I have paid all my acounts on time and usually make 3 times the payment when it's needed. My AAoA is 5 years and 2 months. I'm still working on my credit score!! Transunion and Equifax are at 675 FICO.

[CreditCuriosity]

Get you Experian score up to around 660-670 FICO range and you should be able to qualify for the Green or PRG or various other Amex Cards.  They use Experian for approvals.  Try to get your utilization down, not sure why you EQ/TU are in the 675 range and your EXP is that much lower, guessing some of the bad stuff isnt reporting on the Other Bureaus?

[Anonymous]

Do you think even with my 2 deragoratory baddies, I will get approved, by the time I reach a Experian FICO score of 680?

[CreditCuriosity]

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@Anonymous wrote:

Do you think even with my 2 deragoratory baddies, I will get approved, by the time I reach a Experian FICO score of 680?

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yes I have over 25k in CL's with Amex and when I got them my score was less than that, granted income played a factor and my whole credit profile, but I had 3 CA's and 1 CO off at time along with lates and all.. First Amex was 1k Dec with Fico 660 score, 2nd was Jan for 10k later increase to 23k by SP CLI (scores around 666) during this and recently got a Hhonors from Amex (scores around 690ish) for another 2k..  My scores are higher now, but the 10k limit was with a Ex Fico of 666 and baddies that I mentioned...  Granted they are all pretty well aged(baddies over 4 years old) and I have a thick profile otherwise with cars/houses(perfect payment history) etc that you gotta consider as well and an income of 6 figures.

[ddemari]

When I was approved for amex green charge card my experian was low like 645, with a collection from 2008 and a charge off from 2010. 

[Anonymous]

Thank you for the insite! I will try to apply for the AMEX green when I get my Experican fico score to 715 and pay off half of my student loans... So hopefully by November-December, i will be good to apply and get an approval!

[Anonymous]

While EX 715 would be awesome when applying for Amex, you most likely don't need to wait that long. The Amex "charge cards" (Green, Gold, PRG, Plat) are the easiest to be approved for. I'd go for it when you hit 680. If you do wait till you get to 715, than do back to back, charge and credit card, for a single HP. Don't app two charge cards together. Good luck !!!

[Anonymous]

do I just asked AMEX to approve me for a charge and credit card at th same time? I didnt know it was possible with just 1 HP