Monoglot wrote:
Jarrodpd wrote:
12njoy wrote:After nearly three years, I get a letter in the mail for Select & Pay Later (Pay over time). Not that I plan on using it, but I wanted to have it available. So I call Amex to ask some questions about the APR which is 18.49% and if they're offering any bonus points for accepting. They said no to bonus points and the APR is set at the time of offer. I then look around the site at other options. I had requested a CLI on one of my BCP's a couple of weeks ago which was denied. I click on update income to see what they had. Why did they have my annual income at $11,500. I asked the csr because they were still on the phone with me at this time, what income did they use for my CLI request. My actual income is $115,000. The edit income features says my income was updated on January 6, 2016. I have no idea how it got to be $11,500 but I would have thought that with over $600,000 on an annual income of $11,500, they would have closed everything I had with Amex. The csr updated my income and processed another CLI request and said to call back in 48 business hours. This if awfully strange. I know I didn't miss a zero when I requested a CLI. That just makes no sense that they would over me this new feature with what I have with Amex on an annual salary of $11,500.
I keep gradually upping my salary though my actual yearly bring home is less than what is than $11.5k (college student) and I was sent the letter saying they were turning on POT, Im surprised they havent asked me to prove my income with appropriate documents. I have had Amex since October 2014 and to date have charged $27k across my three cards which if far more than I actually make, im able to do this by getting reimbursed by my parents for large purchases I make on their behalf.
So if your actual income is 11.5k, then what do you report on your credit card applications? Also, may I know your age? (you said you were a college student)
Sorry for the late response, My actual take home based off of last year was $8,300, this year my income will be up higher as I got a new job and make tips so I should be more so in the ball park of $13/14K so that will allow me to raise limits hopefully after I get my chase card paid down to $0. I claim about $3k more than I make just on the basis that I do make purchases for my parents and also my mom has an AU card on my account. I just turned 21 two weeks ago.