Amex Recon

[Jaylima91]

Hello fellow FICO members. I am obviously new to these forums as I am also new to credit (8 months of credit history). If I am posting this is in the wrong forum section, please advise me. Let me proceed with my case.

I am a very stubborn person, so with that said I applied for the Amex PRG for the second time this year. The first denial was due to the fact that I had no FICO score since I was under 6 months of credit history. I applied again on July 4th (No i wasn't drunk when I decided to apply AGAIN with such short credit history). Without a doubt, I was denied. I did call in the following day to recon my app. The csr was very nice and helpful and sent my app for review. It's been about 2 days now and it still says "in progress" online. Is it bad that they are takin this long? They stated reason for denial was too short of a history and a couple more stuff. My EX FICO was 703 when I apped this weekend. I have 4 CC.

BofA Cash Rewards - $1k
Discover It - $2,250
CO Quicksilver - $500 (They are stingy)
Wells Fargo Secured - $300

I did read some old FiCO posts and I heard sending a well written letter to EO would sometimes help.

[Jaylima91]

Thank you for moving my post to the right section.

I would like some advice everyone. Thank you!

[TheGardner]

Anything short of an out right denial is a good sign.. AMEX is NOT recon friendly at all and generally require new information (updated credit report with corrected errors) to review and over turn a decision. Good luck and keep us posted!

Side note : If denied I would not apply again for at least another year. The cards are not that great there are others out there that you can qualify for with much less hassle.

[wHiTeSoL]

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@Jaylima91 wrote:
Hello fellow FICO members. I am obviously new to these forums as I am also new to credit (8 months of credit history). If I am posting this is in the wrong forum section, please advise me. Let me proceed with my case.

I am a very stubborn person, so with that said I applied for the Amex PRG for the second time this year. The first denial was due to the fact that I had no FICO score since I was under 6 months of credit history. I applied again on July 4th (No i wasn't drunk when I decided to apply AGAIN with such short credit history). Without a doubt, I was denied. I did call in the following day to recon my app. The csr was very nice and helpful and sent my app for review. It's been about 2 days now and it still says "in progress" online. Is it bad that they are takin this long? They stated reason for denial was too short of a history and a couple more stuff. My EX FICO was 703 when I apped this weekend. I have 4 CC.

BofA Cash Rewards - $1k
Discover It - $2,250
CO Quicksilver - $500 (They are stingy)
Wells Fargo Secured - $300

I did read some old FiCO posts and I heard sending a well written letter to EO would sometimes help.

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I think you have a lot of cards for only 8 month's history already. I wouldn't be surprised if you get denied again for short history and too many inqs. I really hope you get it though but if you dont it's time to garden. While your score looks ok now (700+) remember that it's deceptive and is not the only factor they consider when extending credit. Good luck, amex is known to be very tough to recon unless there was a glaring error in your CR that got fixed. 

[Jaylima91]

Thank you guys for providing your 2 cents. If I am denied once again. I will be in my beautiful garden for a long time and just worry about raising my CL with my existing cards.

[MT936]

your experian score should qualify you for the card and as for income, I got accepted for it with a low income so the only thing that would prevent you from being approved is length of credit history and average age of credit

[Jaylima91]

I have a good income. It's probably the age of credit and the amount of new credit in such period of time that would get me denied.

[chalupaman]

You can always try for Amex again later when you're ready and you've had more credit history and longer age of account history too. I think the first two cards especially already sound great.

[tjones9234]

"The Gardner"

As far as an amex recon goes, what do they consider innacurate information? I am a cardmember, applied and they did a soft pull but the report was from May24th. My score has jumped about 25pts due to some old CO falling off, would this be considered inaccurate information? The wrong score, based on an old credit report? Debating if I want to fax in a copy of my report

[Kenny]

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@tjones9234 wrote:

"The Gardner"

As far as an amex recon goes, what do they consider innacurate information? I am a cardmember, applied and they did a soft pull but the report was from May24th. My score has jumped about 25pts due to some old CO falling off, would this be considered inaccurate information? The wrong score, based on an old credit report? Debating if I want to fax in a copy of my report

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Inaccurate info would be just as you surmised -- the denial stating something about a CO when it's no longer on your report. Lates when you don't have any nor have ever had any. Those types of things.

Lately, we've heard of some people getting the approval on recon without having to fax in another report.  I'm not sure what to think these days.