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Amex question
I was a member for AMEX since 94' always paid perfectly. Never ever late. However, in 2010 I defaulted, account was sent to collections and I ended up paying in FULL the amount that I owed. (Circa 2012-2013)
Since then, I haven't had an AMEX because I felt I didn't have the "credit score" needed to re-apply, it's been many years since I've had an AMEX card.
I wonder If AMEX would consider me again? ( I know all I need to do is APPLY and see but I don't see it that way as I'm SUPER cautious with my credit now )
I've read that AMEX usually pulls EX but I also read here that could depend on the state you live in? (never heard of that before-though I'm in FL)
Any input would be gladly appreciated,
Thanks,
They have a good pre-qualifier tool. If it shows you are prequalify, it's pretty solid. I didn't get pre-qualified but I was still approved when I apped for the Gold (and ended up double dipping for the Amazon Prime Business)
@rostrow416 thank you for your response!
So you didn't get pre-qual but was still approved, that's interesting!
I see in your SIG that you did some "spring cleaning" may I ask why? too high interest rate?
@Anonymous just getting rid of lower limit/no growth cards. I used my recent approvals to replace them and I'm hoping that by only keeping the higher limit cards that I'm setting a new "floor" for future approvals.
@Anonymous wrote:@rostrow416 thank you for your response!
So you didn't get pre-qual but was still approved, that's interesting!
I see in your SIG that you did some "spring cleaning" may I ask why? too high interest rate?
You have a checkered past with AMEX going back 8 or so years ago so the prequal site won't be reliable.
You did pay them the entire amount, and there are many DP that AMEX does not hold a grudge forever when they have been burned but later were made whole.
If you're willing to risk a HP go ahead and apply for a/the card that you want. If you are denied without a HP then you know you are at least for now on the blacklist. If you are denied with a HP you will know that you are not on their blacklist and so should be able to get back in with them in the not too distant future.
I've had Amex cards since 1999. My experience with them is they'll gladly take a high annual card fee from anyone over a 680. I usually average over 740, but I have many friends that I've sent referrals to that have lower scores and every one of them has been approved.(and I've gotten my bonus points)
@Anonymous I burned AMEX in 2012, but like you I paid them back in full. I got back in with them in 2019, with a borderline approval for $1,000 on a Delta Gold card. Now I have 3 revolvers with $44,000 TCL through them. If they let you back in, always PIF and keep your reports clean. Do you have any COs on your reports? I see a huge variation in your scores. If that is the case, they may approve you but it will likely be with a toy limit that will not grow until you're able to get your reports clear of any COs.
Greetings JERV ~ Welcome to the forum . . . You really won't know where you stand with AmEx until you actually apply and be approved or denied (with a letter of explanation). If you apply it will be a hard pull. AmEx pulled my Experian report and approved me for a $5k limit -but- on the 61st day of being a cardholder, I submit a request for 3X my limit and it was approved!!! Your Experian (EX) and TransUnion (TU) scores are far less than your Equifax . . . Why? Are there any other negative trade lines (i.e. collections, charge-offs, etc.) on your EX and TU reports? If so, this forum can assist and provide guidance on how to address them before reapplying. Wishing you success on your AmEx approval.
@Ficoproblems247 Yes, my EQ is reporting well. However, TU & EX have a couple CO's which are currently being worked on. As by removing those two my EQ shoot up over 150 pts I'm gonna wait until those couple CO's are removed before I apply with AMEX again.
I have a Capital One QS which I PIF every month but I just recently noticed there isn't more grow for that one.