I got the "you suck" letter in the mail from Amex yesterday. Reasons were Length of time accounts have been established Derogatory public record or collection filed They pulled Experian. I have NO negative tradelines or collections whatsoever. My active credit cards are mostly 6-8 months old, but I do have an installment account with 4 years of history and another installment account with 20 years history. I also have 2 AU's with 5 year histories. My score (according to credit expert) at the time they checked me just after New year's was 732. With recent inquiries and other minor things the score was 716 through yesterday. Of course my report does show that discharged chapter 7. Should I shoot for reconsideration? What number should I call to reach the proper department?
Reconsideration will only result in a HARD inq vs the soft one they initially did. I would think the BK is the problem. When does that come off?
If I just wait for it to drop off it'll fade in 9-2005. No way I can wait that long so I fight. Thanks for the heads up on the "hard".
