Amex LOC Pending

Discussion in 'Credit Talk' started by durango444, Sep 18, 2001.

  1. durango444

    durango444 Well-Known Member

    736 Experian
    No negatives-EVER
    97% revolving available
    Current Amex cardholder

    Application Pending. No instant approval.

    George. I feel your pain.

  2. Katco

    Katco Well-Known Member

    I'm pending also. <bummer>
  3. leo728

    leo728 Well-Known Member

    ditto here, I got a email saying that my loc with a apr of prime +5.9 was pending and that I would hear from them within 7 days.
  4. sam

    sam Well-Known Member

    it was a denial for me.
  5. the other

    the other Well-Known Member

    It was an approval for me.

    They sent me an e-mail that it was pending. the e-mail said prime+2.99 and that is what I ended up with. Don't lose hope, it took almost a week before I found out it was approved. I kept calling the 800 number and hit 0 to speak with someone almost every day.
  6. leo728

    leo728 Well-Known Member

    what number did you call?
  7. the other

    the other Well-Known Member

  8. sam

    sam Well-Known Member

    "There is no line of credit associated to your account".

    btw the PIN is the alst 4 of your SSN.
  9. leo728

    leo728 Well-Known Member

  10. leo728

    leo728 Well-Known Member

    I called the number and entered my SS# and then entered the last 4 digits as the pin. Selected option 4.

    I got a account number starting with a 8........ something and the loc is $8000. Does that mean I was approved?
  11. Cadillac408

    Cadillac408 Well-Known Member

    I would assume so!
  12. Momof3

    Momof3 Well-Known Member

    Sure sounds like it leo. When did you originally apply??
  13. leo728

    leo728 Well-Known Member

    about 3 days ago, right after I read the amex loc threads from saar.

    I was able to register the account number I aquired thru the 800 number. It seems to be in the process of being setup.

    Wow This month I have been able to aquire a citibank platinum select with a $10.000

    And if this amex loc is real another $8000.

    I will be able to transfer all my 24+ apr accounts and save at least $350 in interest payments.

    thanks Saar for posting the amex loc thread.

    and also thanks theother for posting the 800 number.
  14. the other

    the other Well-Known Member

    Yes, it should be real. That is how I originally found out about my first LOC, but I didn't believe it until the rep told me yes. The reps kept saying it was pending for a few days after the automated system told me it was there. It was kinda strange.

  15. leo728

    leo728 Well-Known Member

    thank, you saved me a couple of days of nail biting.

    would you suggest that I apply for another loc?

    Or should I wait ...
  16. Katco

    Katco Well-Known Member

    Mine was approved. $5000 and 2.99 plus prime. Woohoo
  17. leo728

    leo728 Well-Known Member

    did you speak to a csr or did you just use the automated system to find out apr?
  18. Katco

    Katco Well-Known Member

    I spoke with csr first and she told me i was approved. I then called to see if she gave me all of the acct number and it was correct
  19. leo728

    leo728 Well-Known Member

    I called and spoke to a csr today, my loc has been approved and the apr is 12.49.

    But then she told me since the interest rate has drop .50 my rates with reflect a drop also next month. So the rate will be 11.99apr.

    not too bad. Way better than 23.99 apr on some cards I am carrying.
  20. Dani

    Dani Well-Known Member

    There seems to be alot of people being approved for the Amex LOC. If you don't me asking, what was everyone's Experian score, how long have you had credit established, and do you have any negatives? Does Amex require any security to be involved? Example, your house or banking account? Thanks in advance.


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