Re: Amex wanting address and income verification

takeshi74 · ‎07-23-2014

@ilovelisa wrote:
My question now is, if I submit the documents, does this mean I have a remote chance of being approved? The reason that I am wondering is that: would they really go through all this trouble if I was just going to be declined?

No idea. Verification is just verification and doesn't really mean anything with regard to approval.

signaturecardmember · ‎07-23-2014

Do you know what made them FR you on the first card?

Started: 4/14 Bank of America Signature $6k, 85% Utilization, 745 Fako
Currently: 6/18 Bank of America Signature $99.9k, Chase Slate $0, Chase Freedom Signature $2.5k, American Express Gold NSL, American Express Everyday $6k, Lowes GE $0 (From $35k), Discover IT $38.5k, Capital One Quicksilver $5k, Barclays US Airways $24k, DCU Platinum $30k, PenFed Promise $47k, Chase Freedom Unlimited Signature (From CSP) $50k, Chase AARP Signature $7.5k, American Express Blue Cash $7.5k, Citi American Airlines Platinum $10.5k, Capital One Venture Signature $30k, Chase Sapphire Preferred (From Reserve) $12k, Chase Ink Business Preferred $10k, Barclays Aviator Business $14k. Total Available Credit: Over $350k, Utilization 4%, AAoA 7 Years, TU Fico 799, EX Fico 727

-NewGuy- · ‎07-23-2014

If you fill it out and everything is verified as you originally stated, then you should be fine. Think of it this way:

They can see your CR, and know that anything stated on there (cards, inqs, etc) is accurate. If you had a 580 and 16 derogs, they wouldn't need to go through this mess as they would decline you outright. If they are asking for address and income verfication, it is to make sure that you are telling the truth as that information can't be verified as accurate on your CR.

Fill it out and your odds are great, assuming it matches what you told them in the first place.

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39Xelor · ‎07-23-2014

Thinking about it more in depth, i dont think Amex FR's are as "uncommon" as people think.. I feel that most people who receive an FR either arent a member on here so we dont hear about or simply don't say anything even if they are on here.. I don't have an Amex, but i want one! I just dont wanna go through that pain in the butt FR...

Whats In My Wallet? A Whole Lotta' Awesomeness!

ilovelisa · ‎07-23-2014

@signaturecardmember wrote:
Do you know what made them FR you on the first card?

Not completely sure but I think it was because of many new accounts and many inquiries. It could also come from the very irregular spend pattern I did with it. I would use it for $500 one month, $0 the next, $2 the next. I just used it in the rotation with all my other cards

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500

ilovelisa · ‎08-26-2014

So I checked online and they finally approved the card yesterday. I applied for it in the middle of July. I called and they said the limit is $4800.

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500

Swapmeet · ‎08-26-2014

@39Xelor wrote:
Thinking about it more in depth, i dont think Amex FR's are as "uncommon" as people think.. I feel that most people who receive an FR either arent a member on here so we dont hear about or simply don't say anything even if they are on here.. I don't have an Amex, but i want one! I just dont wanna go through that pain in the butt FR...

You better stay away from barclays too.....they take AA against their customers a lot more than we think too

My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie

Burned2manybridgesB4 · ‎08-26-2014

@ilovelisa wrote:
@signaturecardmember wrote:
Do you know what made them FR you on the first card?
Not completely sure but I think it was because of many new accounts and many inquiries. It could also come from the very irregular spend pattern I did with it. I would use it for $500 one month, $0 the next, $2 the next. I just used it in the rotation with all my other cards

Doubtful. I do something similar, and have many cards to cycle through.

Burned2manybridgesB4 · ‎08-26-2014

@ilovelisa wrote:
So I checked online and they finally approved the card yesterday. I applied for it in the middle of July. I called and they said the limit is $4800.

Congrats. Too many people stress out about FR, and AR. Just play along, and don't lie with income/assets.

TheClub · ‎08-26-2014

@ilovelisa wrote:
So I checked online and they finally approved the card yesterday. I applied for it in the middle of July. I called and they said the limit is $4800.

Thats awesome. Just read the entire thread and I appreciate the update on status. Aren't you happy that you went ahead and submitted the info now?

Remember... potential 3x in 61 Days :-)

"When you're fresh meat you kill... and give them something fresher" (Frank Underwood)

Amex wanting address and income verification