Should I or shouldn't I????

[Anonymous]

I am contemplating applying for the delta skymiles Amex.  I have read through the posts and looked at whogavemecredit.com.  But I am looking for some advice from those here.

Here's my situation right now. 

EQ - 620

TU - 640

EX - 647

I have a few 30 day lates that are over 24 months, one collection on EQ that I am disputing and in the last month have applied for 4 cc (2 citi-approved for both, bofa - denied, circuit city - denied).  I am nervous now because of the two denials.  I am looking for one or two more cards so i can dump my HSBC low limit, high AF card.  Not sure if I should hold tight for a couple months and get the scores up and let the inquires fall off, or just go for it and be done with all the applying.?  What do you guys and gals think?

[Anonymous]

I just applied for and was approved for the Delta Skymiles.  From what everyone says the pull from EX, which is your highest.  I pulled my FICO today before I applied and it was 672.  Do you have a lot of recent inq on EX?  I have read that they frown upon that.  Other than that I would go for it, but see what others have to say first.

[Creditaddict]

I would wait until atleast your dispute is complete.

Amex can be sticklers with lates and old collections too.

[Anonymous]

Since the collection your disputing is only on EQ, that should not matter.  Amex usually pulls from EX.

[Anonymous]

As of 11/6/2007, no Inquiries on EX and no Collections on EX.  Not sure who BofA pulls from that might so up.

[dangphuocloc72]

BOFA full EX , yesterday I apply visa from BOFA , they say give them 3 day for verify some thing , my score 652 , but i am on AU of my mom account CL 11500.00 I already max out , now I want my Own card , i don't know what are they thinking . may be yet may not , never know right , I let you guys know when I have answer from them , hope they give me 10k ...hahaha . I 'll max out again .

[phumanr]

dang....,

You are ruining your credit by maxing out your credit cards. 35% of your score is debt to credit ration limit. You really should stay around 9-10% of your total credit utilization.

Phumanr

[Anonymous]

Alright, so we have 1 for and 1 against.  Anyone else?  Really looking for some opinions.

[Anonymous]

You can try Amex but if you don't get it I would immediately app WaMu

[Anonymous]

---

Brammy wrote:

You can try Amex but if you don't get it I would immediately app WaMu

---

I agree. Take a shot at it, I've seen people approved with worse scores.