Consumer complaint received 2025-01-19 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: CA

Complaint narrative:
American Express Ref # XXXX Ref # XXXX Ref # XXXX Attn : Underwriting Department and CFO Subject : Formal Request for Loan Application Documents and Account Number Dear Underwriter and Chief Financial Officer, I am writing regarding a credit application I submitted to American Express on [ insert application date ], which was denied. While my application was not approved, I maintain a financial interest in the documentation and processes associated with the application. My signature on the application creates a legally binding financial value under the Uniform Commercial Code ( UCC ).

Pursuant to UCC 3-303 and other relevant statutes, my signature constitutes consideration and value. Therefore, I am formally requesting the following : Return of the Original Credit Application : Provide a copy of the original signed credit application, along with any documentation or records related to its review and decision.

Account Information : Provide the account number or any identifier associated with my credit application, as well as details of any internal or external records created during the evaluation process.

Details on How My Signature Was Utilized : Clarify how my signed application was processed, including whether it was securitized, transferred, or used in any financial transactions or instruments. 

Legal Notice Failure to comply with this request may result in the enforcement of legal remedies under both federal and state securities fraud laws. Specifically, I reserve the right to pursue action under the following statutes : Securities Exchange Act of 1934 Section 10 ( b ) and Rule 10b-5 Prohibits deceptive practices in connection with the purchase or sale of securities.

Securities Act of 1933 Section 17 ( a ) Prohibits fraud, deceit, or untrue statements in the offer or sale of securities.

Sarbanes-Oxley Act of 2002 Section 807 ( 18 U.S.C. 1348 ) Criminalizes securities fraud with penalties of up to 25 years in prison.

Mail and Wire Fraud Statutes ( 18 U.S.C. 1341 and 1343 ) Criminalize using mail or electronic communications to execute fraudulent schemes.

Applicable State Securities Laws Including but not limited to laws under your jurisdiction 's " blue sky '' regulations.

These laws carry severe penalties, and I will escalate this matter to the appropriate regulatory bodies if my rights are not respected. 

Action Requested I request your response within 30 days of receipt of this letter. Please provide the requested documents and account details. If you can not fulfill this request, provide a detailed explanation and the legal basis for your refusal.

Failure to comply with this request will result in filing complaints with the Securities and Exchange Commission ( SEC ), the Federal Trade Commission ( FTC ), and other regulatory bodies. I may also pursue legal remedies under the aforementioned statutes.

You may contact me at [ phone number ] or [ email address ] for further correspondence. I trust that American Express will handle this matter promptly and professionally.

Thank you for your immediate attention to this request. I look forward to your timely response. 

Sincerely, XXXX XXXX XXXX

Company response to consumer: Closed with explanation