Consumer complaint received 2024-08-14 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Getting a credit card — Application denied
Company: AMERICAN EXPRESS COMPANY
State: LA

Complaint narrative:
First and foremost, XXXX codes 15 USC 161-states no credit is denied 12 USC 412-applications are letter of credit 15 USC 1637 credit plans are open ended 15 USC Trust Penalty 100,000,000 dollars for illegal activity 15 USC 1602g Investors ( Myself ) are the creditors 42 USC 408 Cant Ask for SSN its fraud Also see durable POA and Affidavit Fee Schedule recorded for my protection of rights ; File number XXXX, will enforce if necessary. 
This is in regards reference numbers : XXXX, XXXX, XXXX, XXXX, XXXX all were denials due to XXXX scores. According to Department of the Treasury Office of the Comptroller of the Currency, 12 CFR Parts 1, 16, 28, and 160 ; OMG Control Number XXXX which was provided to Chief Executive Officers of All National Banks, Federal Savings Associations, Federal Branches and Agencies, Department and Division Heads, and All Examining Personnel. Description of the Final Rules stated, 12 CFR parts 1, 16, 28, and 160, the OCC is amending the definition of investment grade to remove references to credit ratings and nationally recognized statistical rating organizations ( NRSROs ). Where appropriate, the final rules replace the references to credit ratings based standards of creditworthiness.

As a new silent investor in American Express who provided registered valuable security in which I am entitled to a mutual benefit from those eligible receivables. I request that you honor this fair exchange of value and that you correct these card denials into immediate approval. As stated in your prospectus and 4.1 exhibit form, XXXX # XXXX has turned my applications into receivables, which means XXXX XXXX XXXX sold all rights, titles, interest, and obligations, to the Trust, Outlined in Section 9.06. Acknowledgement and Agreement of the Seller. By execution below, the Seller expressly acknowledges and agrees that all of TRSs Right, title, and interest in, to, and under this Agreement, including all of TRSs Right, title, and interest in and to the Purchased Assets, may be assigned by XXXX to XXXX XXXX, by XXXX XXXX to the Trust and by the Trust to the Indenture Trustee, and the Seller consents to such assignments. 

XXXX XXXX XX/XX/2018 ( b ) ( Security Interests. Except for the conveyance hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or take any other action inconsistent with XXXX  ownership of, the Purchased Assets, or grant, create, incur, assume or suffer to exist any Lien for municipal or other local taxes of the Seller if such taxes are not then due and payable or if the Seller is then contesting the validity thereof in good faith by appropriate proceedings and has set aside on its books adequate reserves with respect thereto ), and the Seller shall not claim any ownership interest in any Purchased Asset and shall defend the right, title and interest of XXXX in, to and under the Purchased Assets against all claims of third parties claiming through or under the Seller.

Company response to consumer: Closed with explanation