Amex Zync Approval

[CS800]

---

@p- wrote:

Thanks for all of your replies...    Hope yer all happy, you inspired me to app for the BCP too.  Figured might as well get the inquiry out of the way and be clean by next year.  I got this message:

"Sorry - we're currently experiencing some difficulties with our systems.
Your application will be processed as soon as possible, and we will notify you of the decision by mail within 14 days."

---

I would call them up and see.

Also, did you go on the application status page and check there?

[p-]

No luck on the BCP... and it definitely cost me inquiries.  Zync was Exp only, but they hit all 3 for BCP with a hard.  meh.

[RockinRay]

Sorry to learn of this! 

Use the Zync for 6 months and give it another shot. You will get what you want from them.

Ray

[CS800]

---

@p- wrote:

No luck on the BCP... and it definitely cost me inquiries.  Zync was Exp only, but they hit all 3 for BCP with a hard.  meh.

---

Call them back . What reason did they give you?

[p-]

---

@CS800 wrote:

---

@p- wrote:

No luck on the BCP... and it definitely cost me inquiries.  Zync was Exp only, but they hit all 3 for BCP with a hard.  meh.

---

Call them back . What reason did they give you?

---

A series of reasons...  Mainly too much new credit and too many inquiries on experian.  Seems like that's the one everyone checks.  Plus a weird one - they say I paid too low an amount to my bank and retail credit cards in the last 12 months.  Uh, that's because I pay them off before the statement cuts.  I'm running like 2k a month or more through them.

That's fine...  I'll be patient, wait until all of the inquiries from my app spree fall off and try again.  At least now I have a "customer since" date so there's really no rush.

We evaluated your application using a credit scoring system that considers various pieces of information, including your credit report.  The following key factors contributed to our evaluation:

Your FICO score (Experian)

Too many recent credit checks. (Experian)

Too many new accounts. (Experian)

In our estimation, the amount you have paid on your bank and retail credit card accounts over the last twelve months is too low. (Experian)

[xlr8d]

Congrats on the approval