If you call to request reconsideration from American Express, make sure you are prepared to make an argument for why you should be approved. You will typically only have a shot at overturning a denial if you can prove that your financial profile is better than it appeared on your initial application.
For example, if your credit score went up significantly or you got a raise since you applied, you could argue that you are now more creditworthy. Alternatively, if you were denied because of incomplete or incorrect information on the application, you could ask for reconsideration after fixing that error.
At the end of the day, you probably won’t be successful in overturning your denial, but there’s no harm in trying.
Don't worry! Call or write asking for a reconsideration! Denials are often computer generated based strictly on score. A manual review by an underwriter can often get you the approval you are looking for. Here are several suggestions:
1. Call the number on your denial letter and ask for your application to be reconsidered. If possible, try and get a hold of someone in underwriting. Be prepared to explain the derogs on your report and...
You should wait six months to one year between credit card applications in most cases, regardless of whether your last application was approved or denied. Most people’s credit scores will bounce back from a credit card application in about six months. The same rule applies if you’re trying to reapply for the same credit card you were denied for (though you should make sure you’ve addressed the reasons stated in your rejection letter before you...
The best American Express Plum Card benefits start with a 1.5% discount on balances paid before the due date. You also get several types of insurance, including travel insurance, rental car coverage, and purchase protection.
Here are the top American Express Plum Card benefits:
Pay early or late: 1.5% discount on balances paid before the due date (at least 10 days in advance). Plus, you can carry a balance for up to 60 days without paying interest. Just remember that in both cases, you have to pay at least...
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