Anyways, I got too anxious and thought that somehow I was an exception to AMEX and would qualify, even though with bad credit, since I have just paid all my debt.
This was AMEX decision:
I am currently enrolled in the Experian service to check my score through their website and it list a score of 604! Regardless, I'm sure I would be qualified even if I ask to reconsider.Thank you for your recent application for Zync SM from American Express. We do value your desire to establish a relationship with us. We regret that we are unable to approve your request.
Reason(s) for Our Decision
Your FICO? score (See below)
Information About Your FICO? Score
We obtained your FICO score from Experian and used it in making our credit decision. Your FICO score is a number that reflects the information in your credit report. Your FICO score can change, depending on how the information in your credit report changes. On March 20, 2012, your FICO score was 544. The FICO score ranges from 300 to 850. The following are the key factors that contributed to your FICO score:
Serious delinquency, and public record or collection filed.
Too few accounts currently paid as agreed.
Length of time accounts have been established.
Lack of recent installment loan information.
I just got a BankAmericard Secured Platinum Plus Visa with a $300 CL. I plan on getting this to a $600 CL within a month. Any other suggestions?