Hello to all! I've been a regular browser of the site, but this is my first post..
Okay, so I get a pre-approval letter in the mail from AMEX last week. I didn't take it too serious because I've been in serious re-building mode for the past year. After looking around for a few days, though, I decided to apply. (Should have pulled my FICO first, but didn't)
Got an instant denial 
. Today, the letter with the explanation of denial comes, and I find out I have a FICO of 667. Not great, but certainly good enough for AMEX Green, right??? The negative "key factors" are all over 12 months old, from what I can tell.
I guess back to the garden for me.......... Any suggestions on what they're looking for?
@Anonymous wrote:
What were the reasons you were denied for?
Scores aren't just the only thing they look at. I was denied for bcc with a fico score of 768. The analyst over the phone was surprised and I was happy (because I found out my score was 768).
this ^^^^^^^^^^^^^^
Give us the denial reasons
@Anonymous wrote:FICO score
High UTI -- I think at the time it was around 40%.
Too many inq. According to CreditKarma, I have 9.
Now that I thnk about it, I applied for AMEX BEFORE I paid my CCs off, which is quite possibly the dumbest thing I've done this year.
The inq's, I can't do anything about. I was going a bit app crazy late last year for the holidays without thinking. But the UTI will be below 10% the next time I apply... Which I will probably wait 60 days to do. That will probably do the trick, I'm guessing.
You'll have to wait 30 days to re-app. I would consider waiting 6 months.