How come AmEx seems to be the only one actually trusting me?!?

For just about anything you want to get off your chest about credit cards.
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nismoZtuner
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Postby nismoZtuner » Wed Mar 26, 2014 6:55 pm

Dr.Mark wrote:I tried to register to get my credit report and at the end of the process they started asking questions to verify my identity. The thing is...those questions were not about me.


may be those were security questions. when i have tried getting my report they ask questions that make no sense. i just answer "no" to most of them.
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
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takeshi
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Postby takeshi » Thu Mar 27, 2014 8:30 am

Dr.Mark wrote:Yes, I saw the letters. They do not quote anything in particular. They just say that they check credit scores, credito history bla bla bla and this time they decided not to give me the card.

What do they state exactly? Do they indicate the scores used in their decision? There are always 2 major things at play: your credit and the creditor's critieria. While the latter varies from creditor to creditor and we don't know the specifics for any creditor the former can certainly be a known for you.

I'd guess based on your OP that your credit history is relative new/thin and you have several new accounts so approvals are likely to be tricky. Just because a creditor has approved you doesn't mean that as you add new accounts that other creditors will approve you as well.

Dr.Mark wrote:Turns out that there might be a problem with my Equifax report. As I've never checked it before I just realised that something's seriously wrong.

It always helps to know exactly what's in your reports and the accuracy of the data in your reports since it's what creditors use to make their decision.

Dr.Mark wrote:I tried to register to get my credit report and at the end of the process they started asking questions to verify my identity. The thing is...those questions were not about me. The first one was related to me having a bank account in the UK in 2005 and they wanted to know the bank it was with. The second one was related to me having a MORTGAGE in 2007 and they also wanted to know the bank it was with. Where's the problem, you might think?

That could be a problem but it's possible for security questions to have nothing to do with you. If the latter is the case then the question should have an answer such as "none of the above". I've had such questions to verify my identity before.

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Dr.Mark
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Postby Dr.Mark » Thu Mar 27, 2014 2:27 pm

After hours on the phone with Equifax I finally got access to my credit report on their website just to find out that is a ridiculous 301/500. That explains a lot. This is due to the fact that there are several missing accounts: all 3 Amex, Barclaycard, phone contract, gas and electricity contract. The only credit card visible on the report is the Capital One but with my old address (although I've changed the address long time ago). BASICALLY IT'S A MESS. I've already sent them all the statements they asked for to upgrade my account and it should be done in no more that 28 days. Hopefully. Seriously, I'm so pissed off!!!
[font=Times New Roman]American Express PRG[/font] [color=green][NPSL][/color]
[font=Times New Roman]British Airways American Express[/font] [color=green][9000£][/color]
[font=Times New Roman]American Express Platinum Cashback Everyday[/font] [color=green][6000£][/color]
[font=Times New Roman]Barclaycard Platinum[/font] [color=green][16600£][/color]
[font=Times New Roman]Virgin Balance Transfer[/font] [color=green][9600£][/color]

TCL - [color=red]41200£[/color]



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