I have read that Amex uses approx. 30 day old reports when making credit decicions. Is this only for current members, or for someone who is not or never a member? or what about if someone was an AU, but currently isn't?
I apped in November. I am not a member and Amex pulled my most recently updated score, which at the time was EX 621. My EX updated the day prior to me apping.
Sept 18: EQ: 578 TU: 583 EX: 576 Sept 19: EQ8: 640 TU8: 645 EX8:640 April 20': EQ8: ??? TU8: 680 EX8: 673 Goal by June 2022: First Time Home Buyer AA:
Goal Completed: Auto Lease 2020 Mazda CX-5 No Income Verification
The Line Up Marriott Bonvoy: $5000 Amazon Prime Now Sig: $2800 CITI Costco: $5500 CITI Double Cash: $6100 Navy Rewards: $2400 Amex Delta Plat: $1700 Amex Hilton Honors: $1000 Target Red Card: $2000 Victoria Secret Gold: $1200 HSN: $2500 Overstock: $4250 Kohls: $1500 Capital One: $2750 Capital One #2: $500
Penfed Personal Loan: $20K NFCU Secured Loan: $285
Total CL:$38,700 Total UTL: 25% Current Scores: EQ: 698 TU: 706 EX: 696
Once you have an AMEX card, AMEX SP your reports on a regular basis. It is part of their risk management algorithms. It may turn out that if you ask for a CLI, or app another card with them, the last SP could be two days ago, or up to 60 days ago. That is one of the reasons for the suggestion to wait 61 days after first card to ask for CLI, because it gives their SP check time to update latest scores.
High Bal Jan 2009 $116k on $146k limits 80% Util. Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727 April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812 Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831 March 2021 $33k on $312k EQ 796 TU 798 EX 801 May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777