@MT64 wrote:First thing first was to proceed with American Express, it's been one I've been after to add to the list but absolutely zero love. Problem being: I used Affirm in the past and both Experian and Amex seems to have a zero tolerance for "consumer finance" accounts despite my 12-year credit history being in perfect standing order with a nice mixed bag of accounts across the board from home, personal loan, and handful of credit cards for the majority.
Applied for American Express, did not even pre-qualify. Needless to say I was kind of gutted because I thought I had it in the bag but no love.
did you apply directly apply? or did you just use the pre-qualify tool? did you use a referral link or a public offer?
it wouldn't surprise me if you used a referral if you would be approved if you used a public offer/different offer/different referral
definitely surprised at the denial. my Amex denial reasons prior were 'loans too high' 'lowest card has too low of a limit' neither of which changed when I ultimately ended up getting approved.
if you went for a credit card, perhaps getting the Green (for its elevated sign up bonus currently) or the Gold, with its decent credits if you can take advantage of them might be worth another shot in order to get into Amex
congrats on the other approvals though!
oh and Robinhood bought X1
https://techcrunch.com/2023/06/22/robinhood-acquires-credit-card-startup-x1-for-95m/
@MT64 wrote:Thanks!
@GZGI used the pre-qualify tool and it came back no go for the consumer finance accounts reason along with other accounts too short which isn't true since oldest account is 12 years and average age is about 5.
pick the card you want and apply directly, no HP if you're denied as long as it has this language, you might get a different result:
@GZG wrote:
@MT64 wrote:Thanks!
@GZGI used the pre-qualify tool and it came back no go for the consumer finance accounts reason along with other accounts too short which isn't true since oldest account is 12 years and average age is about 5.
pick the card you want and apply directly, no HP if you're denied as long as it has this language, you might get a different result:
I agree with this. I don't remember the dates, but I was denied for the BCP one night, and the next I applied again and got approved. YEMC but give it a shot, no reason not too if it's the SP app.
@drewricomakeubu wrote:
@GZG wrote:
@MT64 wrote:Thanks!
@GZGI used the pre-qualify tool and it came back no go for the consumer finance accounts reason along with other accounts too short which isn't true since oldest account is 12 years and average age is about 5.
pick the card you want and apply directly, no HP if you're denied as long as it has this language, you might get a different result:
I agree with this. I don't remember the dates, but I was denied for the BCP one night, and the next I applied again and got approved. YEMC but give it a shot, no reason not too if it's the SP app.
I third this suggestion. Don't bother with the AMEX pre-qual. Just apply. It's a soft pull until you accept the card (like Apple).
Also, huge congrats on your new car and new cards! If you decide to go back and try AMEX again, keep us posted 
