Originally Posted by
Gasolin
It doesn't seem very high at all, but maybe that's just my perception.
That is what I though but Amex clearly has a different idea what is too many.
The Experian report that American Express cited should show only two card accounts opened in the past 24 months. Have you checked the report to verify that it is accurate? If, for example, your identity has been compromised there could be a flurry of other activity.
American Express would know about a third account (their own Business card). They could infer that you had opened other business accounts from the Inquiries, but if that were the case I would expect them to mention Inquires, rather than Accounts, in the letter.
I had identity theft about a year ago but I have confirmed all of the fraudulently activity has been removed from my credit report. Yeah that is possible explanation. Although not stated int he letter, they could also be dissatisfied that I closed my Amex business card after the first year.
Originally Posted by
Diplomatico
Or flyguy6 could have opened Capital One and/or Discover business cards which do report to one's personal credit report. He only cites three "other business" cards without specifics.
The 3 other business cards are with Chase.