Hello guys so I just got denied an AMEX blue cashback card. I really wanted one as my 2nd credit card to build credit and thought I would be ok since my credit score from Trilegent WF ID THEFT states aroudn 690 - 730 and Creditkarma states 675 - 741 my odds were "Very Good" for this card. Apparently not ... lol. My question is why? I have had a WF credit card for 5 years with 0 late payments and used only about 2000 of 6000 limit. Always almost max out my card then pay way over minimum payemnts and then pay back 90% of balance at one time usually. I have one collection account from 4 years ago that I haven't touched due to scam/id theft its about $1800. I am a student currently a senior 0 LOANS OR SCHOOL DEBT. I dont rent apt or have car loans and I am a part time server making about 10-15k a year. I really want this card and am about to call the credit team to appeal their desicion and want to make some good arguements. What should I do? I go to a prestigious university double majoring Finance and Accounting. Will be breaking into banking and my internship alone pays 25 an hour with a signing bonus of 2500 FT ~ 60k starting and thats being modest. Is it cause I only have had 1 card or my low server salary or mainly just that stupid collection from when I was 18? BTW I'm 23. Any help would be appreciated.
TLDR: Got Denied an Amex Blue Cash Credit score ~675 - 740. Part Time Server Full Time Student no loans no debts 1 untouched collection from 4 years ago ~1800. Trying to appeal Amex's desicion.
GL