Why was I denied and American Express Blue Cash card?

Answers:0   |   LastUpdateAt:2012-08-02 00:34:02  

Asked at 2012-08-02 00:34:02
Thank you for your recent application for the Blue Cash SM from American Express. After reviewing your application, unfortunately we can not open an account for you at this time for the following reason (s):

The acquisition of American Express scale of risk is too high (see below)

Your request was processed using our proprietary American Express acquisition risk scoring system that assigns a numerical value to the different information to consider when assessing an application. Total application score exceeded our limit for approval at this time. The following are the reasons that do not score well compared to other applicants. (For reasons based on information in a credit report, the name of the reporting agency is identified.)

Number of operations (Experian)

The amount of credit available on accounts (Experian)

List of balances on card accounts of their income is too high, or can not be determined (Experian)

Our credit decision was based in whole or in part on information obtained in a report from the credit bureau (s) mentioned in this letter. Please understand that the credit reporting agency (s) played no role in our decision and can not supply you with specific reasons for denying credit. You have the right under the Act Fair Credit Reporting to obtain a free copy of your report from the reporting agency if you request it no later than 60 days after receiving this notice. If you find that the information contained in the report you receive is inaccurate or incomplete, you have the right to dispute the matter with the reporting agency.

An important notice about your rights included. The creditor is American Express Centurion Bank.

It has been our experience that applicants do not meet our basic requirements may qualify only once below. You are welcome to reapply at a later date when circumstances have changed.

Thank you for your interest in our service.


Robert Garinger

Business Leader
New Accounts

Now anyone who can tell me why you refused? Clearly it is said, but I want to know more about it. And I'll send a copy of it to Experian so you can get a report from them. I know my credit is good. There are no bad notes of any kind. I'm blaming the credit crunch! = D lol oh well. I'll live.

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