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Thursday, January 20, 2005

How can I raise my credit score?

Author: NLM3132
Joined: 01 Sep 2004
Posts: 1
Posted: Wed Sep 01, 2004 2:31 pm
Post subject: Any advise would be Appreciated

I am currently working for a company that requires travel. We use to have MasterCard as our business Credit card Company but we changed vendors to AMEX and all card holders had to re-apply for company card. I was in shock when AMEX denied my application for a company card they base the company card on the applicants credit history. This happened 1 year ago and my manager wants me to re-apply for the card. In the past I did have 5 collection accounts on my credit that have been paid off about 18 months. I checked my FICO score and it is currently at 599. Do you know how high your score has to be with AMEX for them to look at issuing business card? Are could you give me advise on how you can raise your FICO score. I have paid off all delinquent items but this has not really raised my score. Last year is was at 570 and now it is at 599. Thanks

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Author: ALex
Joined: 14 Aug 2004
Posts: 24
Posted: Wed Sep 01, 2004 8:30 pm
Post subject: Re: Any advise would be Appreciated

NLM3132 wrote:
I am currently working for a company that requires travel. We use to have MasterCard as our business Credit card Company but we changed vendors to AMEX and all card holders had to re-apply for company card. I was in shock when AMEX denied my application for a company card they base the company card on the applicants credit history. This happened 1 year ago and my manager wants me to re-apply for the card. In the past I did have 5 collection accounts on my credit that have been paid off about 18 months. I checked my FICO score and it is currently at 599. Do you know how high your score has to be with AMEX for them to look at issuing business card? Are could you give me advise on how you can raise your FICO score. I have paid off all delinquent items but this has not really raised my score. Last year is was at 570 and now it is at 599.

If you are working for a Company and you need a Company Credit card to travel, ect.. Why doesn't the Company apply for the cards and give it to you to use? Why are they making you apply for it? Do they pay it? Thanks

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