Btw, I will stay out of the recommendation arena.. At this point I think you are just swinging for the fences.
Thanks for your smart comments. Totally appreciated. 😊
Best advice you could give Stay out if you don't have anything nice to say. Thanks darling!
Wasn't trying to be mean honestly. Sorry if that's how you took it.
Ok no offense taken. I thought you were being mean. Lol But one thing to consider is that He has no credit card debt a car loan that is paid off virtually no debt besides a CO for 123 dollars and high income and his scores are still in the 700s so maybe that's why they took the risk? I'm in shock myself. There are people with mid 700 scores who get denied.
@Creditobsessed12 wrote:Ok no offense taken. I thought you were being mean. Lol But one thing to consider is that He has no credit card debt a car loan that is paid off virtually no debt besides a CO for 123 dollars and high income and his scores are still in the 700s so maybe that's why they took the risk? I'm in shock myself. There are people with mid 700 scores who get denied.
Congratulations on DH getting the AMEX. It is a big step forward.
Now, about his ability to manage credit... Rather than pushing him to app for more cards now, should we just stop, and ensure he can manage the credit limit he has? Why the rush to app for more cards with so recent a CO (paid or otherwise)?
Building credit takes time. It also takes commitment from the person who has their name on that card that they (he) is going to be able to pay it back according to terms. You may have the best intentions. You are, however, channelling the knowledge from this forum, through your own lens of how credit works, and imposing that on your DH. He may not be, is likely not, ready for a whole lot of new cards. Just stating a fact.
Good luck to DH! and seriously, congratulations on the approval.
Thank you! It's been a good day 