I have to say that this is my first post. I have been researching and stalking this website for days and got comfortable and started applying for cards today.
I had a 663 credit score now shows as 648. I have 248K in student loans. I have 1 charge off as $10,000 of a car loan from 2015 and a collection of $748 for Verizon. With that being said. I was approved for a Propel Amex today for $1500 and a Discover Click it for $1200 and then a Delta Amex for $1000. Then my greedy behind got denied for an Amex green Card. I guess 3/4 ain't bad in one day. Any advice on the credit limit for the two amexs? I keep reading all these abbreviated words... I can't do all that yet LOL. But... I want higher Amex limits. I keep reading about recon... that means reconciliation? or reconsider LOL. Should I do to get higher? Should I try to get the Green card decision turned around?
I should mention that Currently, the cards I have are:
Capitol one platinum (started as secured as $200 5 years ago now limit is $750 1 and a half year later)
Merrick bank (started as secured $500 5 years ago now the limit is $1300 a year later)
Capitol business spark ($500 balance CL December 2017 upgraded to $5500 in September 2018)
So now I get to add 3 more to the bunch! 2 low limits and one staggering $12000 discover limit. I got denied last year. I do have a Wells Fargo checking account (3) 1 joint 0 Balance as of today (1 business $36000 for 5 months now with $6700 balance) one personal checking transferred $30,000 from my business account into this account leaving the business with a $6000 balance). I 've been self-employed since March. I make a little under $5000 a month (on a good month).
I have a BMW car I pay $680 a month on, no late payments and is a new lease from Nov 2017. I am still in shock! someone pinch me! Should I try to get higher CL with Amex? can they take my card away if I ask them for a higher limit before I receive my card?
Help, A new Amex & Discover shocked member.
@JamesB95 wrote:
Hi everyone,
I just had a major shock approval for the NFCU Amex.
I was shocked because I had a charge off Amex Blue Cash 2 years ago (made payments on time to collection agency). I've had no lates or anything since that time frame I had those lates and charge off.
A little background:
I have had a NFCU bank account for 4 years (fam) and active duty checking since 2016 (joined Air Force). I also have my first car loan refinanced 1 year ago and that now sits with NFCU, all on time payments (often pay double the min. on car, not credit cards though).
I have had a high utilization on credit cards recently, this was why I was pretty shocked on the approval and the credit limit given. I app today because I saw 0% APR offer on the website. Got approval tonight with 5,000. My highest limit has only been 2k on my last amex, and my GoRewards I've had with NFCU 2 years.
Anyways, I am shocked and happy. My scores are mid-high 600s (still recovering from past charge off and lates 2 yr ago, high
