AMEX LOC denial

Discussion in 'Credit Talk' started by tommyy, Nov 7, 2001.

  1. tommyy

    tommyy Well-Known Member

    I just rec'd my letter explaining my denial of the amex loc. It stated I did not meet the cutoff for their scoring. They AMEX rep stated they pulled EX (soft) and my score was 663. Three reasons were listed under the score statement:
    1. Revolving credit too high (home eq LOC at 85% of limit)
    2. No tradelines over 12 months old. I have 4 accounts 2-4 years old that are open and always current. They are one mortgage, home eq. loc and two car leases thru Chrysler. Besides this I have 10 other accounts paid on time over 2 years old that are closed now and never late on.
    3. paid judgement in June of 1996 for $288

    they would not disclose what the "cutoff" score is.
    I sent a letter to be reconsidered.
    Anyone know what the AMEX LOC cutoff score is?
    Thanks for all the wonderful help!

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