Pete838 wrote:Simple. Just dispute the inquiries. If you already have a relationship with AMEX (or any other creditor) then subsequent inquiries after you have an account established shouldn't "count" against your score. Nearly all creditors exercise their right to periodically check your score, and some will even charge you a penalty APR if you are in default with another creditor, but their looking at your credit doesn't count against you as a hard inquiry, at least it shouldn't. If you find that it does simply dispute it with the reporting bureau.
First off, almost any credit agreement gives the issuer the right to check up on you whether with a "hard" pull or a "soft" pull. If they abuse teh practice, even though you gave them permission, you have a cause of action against them. American Express is not going to pull your credit without good reason. They will do "soft" risk monitoring.
Second, the "universal default" Pete referred to is now illegal. A credit issuer cannot raise your rate just because you are in default with a different issuer.
Finally, a dispute is not the proper route to take. You authorized the issuer to review your credit. There is nothing to dispute. If you believe they are making pulls to punish you or to make it difficult for you to get credit elsewhere then you simply sue them. That is illegal.
Really, if you are worried AmEx is out to get you then don't be their customer. It's that simple. They only want people with very good credit. If you maintain good credit you have nothing to worry about.
Incidentally, I've had AmEx cards for years and have only had 2 hard pulls, both of which occurred when I applied for the cards.