Outcome of AMEX F/R

[Anonymous]

WTG, flygirl!

[Jacque383]

Hi Flygirl,

Congratulation again...You're just rolling in good luck aren't you....First CCCU and now this....It's your month! Enjoy.

[Anonymous]

Thanks for all of the kind messages!!! I really don't know why I stuck it out through the F/R......I guess to see if I would win or not. I'm not a good loser, so I guess it is to their advantage that I won!!

What I am thinking about doing is paying my bills on it every month....and then take a paycheck and pay it all off. Do you think this will trigger another F/R? I know I said that these cards (Amex) will have a back row seat in my wallet....but I'm just looking for ways to build up my credit more!! IF this is a good idea, at what point in the month should I pay the balance off so that it is updated before it is reported the the credit bureaus?

Thanks again Fico buddies!!!!

[Anonymous]

Glad to hear yours turned out good as well!!!

Rob

[sl]

From what I am dealing with AMEX, they report on or about the 12th of each month. 

Also asked huby when his closes our (he has a different card) and his is about the 12 of each month also. 

[Anonymous]

If people don't lie about their income and say they are making 175,000 a year when they realy make 40,00 a year, YOU WILL NOT ( I don't see how you can), HAVE A PROBLEM. If you were approved based on the info you gave, and it turn out to be verified 100%, why should you have any problems.  Just think...If you were giving someone a charge card and said  "go spend", and pay me later, wouldn't you want to some verification of their income done?  And another thing, a mortgage process is like getting a financial proctological exam, an AMEX FR is a breeze along the shore compared to this..

[MidnightVoice]

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centurionholder wrote:

 Just think...If you were giving someone a charge card and said  "go spend", and pay me later, wouldn't you want to some verification of their income done? 

I would think that a competent company would do a financial review BEFORE offering credit.  Which makes me think AMEX is a pretty stupid company to do it afterwards 

[Anonymous]

Not necessarily:

How can I do a financial review of your past finances without having them furnished by you, or by the companies, banks, or corporations you have given permission to supply me ??

All a credit card company knows in the application process is what you tell them, and what is verified by an accurate, competent, and legal source.  Remember, all the info you give on your credit application is subject to verification, at any time !!

[Anonymous]

MidnightVoice wrote:

I would think that a competent company would do a financial review BEFORE offering credit.  Which makes me think AMEX is a pretty stupid company to do it afterwards

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I don't know Midnight, as one of the Top half of the Fortune 500 companies to work for, AMEX is not doing too bad.  I wish I had their money flow

[Anonymous]

I have a blue card & due date is 17th of month but doesn't close until  26 or 27th of the mo.