No, it absolutely doesn't drop your chances of approval. 
To me, you have more disposable income because you're not paying rent so I think that's a plus. 
When I got my Amex, I was in the same position as you! Are you looking to apply soon?
To me, you have more disposable income because you're not paying rent so I think that's a plus. When I got my Amex, I was in the same position as you! Are you looking to apply soon?
@KennyRS wrote:
No, it absolutely doesn't drop your chances of approval.
Yup im looking at the prg, my experian score will be a 745 when they report the recent statement, and i make 33k a year. Im just hesitant at pulling the trigger, ive been informing myself more and more about amex. Hopefully next week i apply!
@learningcredit101 wrote:
@KennyRS wrote:
No, it absolutely doesn't drop your chances of approval.Yup im looking at the prg, my experian score will be a 745 when they report the recent statement, and i make 33k a year. Im just hesitant at pulling the trigger, ive been informing myself more and more about amex. Hopefully next week i apply!
You should get it. PRG has the same underwriting as the Green.
@learningcredit101 wrote:Hey guys i was wondering how amex looks at an applicant who doesnt rent or own. Im 20 and still live with my parents so i dont fall under any of those categories, so do approval odds drop by not renting or owning?
I went though the process this week. When you fill out the application you will need to select the rent option.
I think that's great! In January for max backdating I highly recommend you apply for a revolver with no-annual fee. I'm sure you'll get approved with responsible usage of your PRG! Happy for you, because things look good.
@learningcredit101 wrote:
@CarnegieS wrote:
@learningcredit101 wrote:Hey guys i was wondering how amex looks at an applicant who doesnt rent or own. Im 20 and still live with my parents so i dont fall under any of those categories, so do approval odds drop by not renting or owning?
I went though the process this week. When you fill out the application you will need to select the rent option.
Really? So what should i put for the ammount of rent?
I did not do this. I put other and put 0. But, really, it doesn't matter either way. Other and 0 is a better way, because you really are neither renting nor are you owning.
@learningcredit101 wrote:
@CarnegieS wrote:
@learningcredit101 wrote:Hey guys i was wondering how amex looks at an applicant who doesnt rent or own. Im 20 and still live with my parents so i dont fall under any of those categories, so do approval odds drop by not renting or owning?
I went though the process this week. When you fill out the application you will need to select the rent option.
Really? So what should i put for the ammount of rent?
It never ask for your rent (mine was $0 so I'm sorta dissapointed it didn't ask). I was in the live chat when I filled out my applicatiion and this is what they told me to do.