Consumer complaint received 2024-06-23 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: NJ

Complaint narrative:
On and for the record, I applied for a credit card with American Express and received correspondence on XX/XX/XXXX informing me that my application was denied. The reference number for this application is XXXX. As stated in notice number one, evidenced by registered mail number XXXX, XXXX XXXX XXXX et al are well aware, it is a violation of the Equal Credit Opportunity Act to proclaim an adverse action against a consumer. AMERICAN EXPRESS is in violation of their indenture agreement which says that consumers can not be denied credit. AMERICAN EXPRESS is also in violation of Title 15 USC 1611 False and misleading denial of my own credit. According to 15 USC 1691 ( C ) AMERICAN EXPRESS assumes civil liability pursuant to 15 USC 1691 ( K ). AMERICAN EXPRESS is in severe violation of my consumer rights including but not limited to 12 CFR 1002, 15 USC 1642, 15 USC 1681M et al. Furthermore, nowhere in the FCRA or any other Federal Laws does It say that a natural person can be denied credit. As the original creditor/ original issue discount, it is unlawful to deny my right to grant credit. I have been severely discriminated against as there are no Federal laws that state that a credit score can deny me of my right to extend credit. I have been discriminated against but 15 usc 1691 equal opportunity act says it SHALL BE UNLAWFUL FOR ANY CREDITOR TO DISCRIMINATE AGAINST ANY APPLICANT IN RESPECT TO ANY ASPECT OF A CREDIT TRANSACTION which includes the credit score aspect of the transaction. Also, I am well aware of my open ended credit plan described in 15 usc 1602g and my right to contract unlimited without being denied. I hereby demand AMERICAN EXPRESS investigate this matter and abide by Federal law by opening up the account in which I have extended credit and ensure it is an open ended credit plan with an Unlimited spending limit, and the balance will be tendered monthly in accordance with UCC 1-304, HJR 192, et al.

Furthermore my Security ( Securitized Gold card credit card application ) to trade on the secondary market without compensating me 80 % which is the lawfully required percentage that I am entitled to.has been traded on and I have not received compensation from the proceeds which constitutes unauthorized use according to 15 usc 1643. In my initial notice, I made it clear that I REVOKE ANY ANY ALL security interest that i granted to AMERICAN EXPRESS to trade on my securitized credit application. AMERICAN EXPRESS also failed to report any of their securities transactions attached to the securitized credit application done on the secondary market / stock exchange to the IRS which is evidence of TAX EVASION which I intend to report as a whistleblower via IRS Form 3949A if this matter is not corrected. 

On and for the record, let this notice serve as a legal Notice number three of my INTENT TO SUE AMERICAN EXPRESS if my request to open the account in which adverse action has taken place is not granted. I will sue AMERICAN EXPRESS in Delaware XXXX XXXX for securities fraud due to the fact that my application has already been securitized and the eighty percent i am entitled to from the proceeds I am lawfully owed have not been deposited into my TDA account, nor was my account opened and funded by the security I LOANED to American Express which is a violation of SEA Rule 15c2-4 ( b ) which requires that a broker-dealer promptly transmit funds to either an escrow agent or a separate bank account. SEC staff has interpreted " promptly '' to mean by noon of the next business day. XXXX XXXX XXXX FAILED to ensure that the transactions were reported to the IRS which is evidence of your participation in Tax Evasion. As the Chief Financial Officer you are responsible for matters of this nature as evidenced by your signature on AMERICAN EXPRESS XXXX filing with the XXXX XXXX XXXX. Furthermore, XXXX XXXX, XXXX XXXX XXXX, XXXX XXXX XXXX are all personally guilty of Securities Fraud for the matters described above and are all in violation of the Securities Exchange Act of 1934, Trust Indenture Act of 1939, Electronic Funds Transfer Act 1978, the 8k Form, 10K Form SEA Rule 15c2-4 ( b ) et al. 

American Express must allow me to extend my own credit in accordance with Federal Laws states above and open my open ended American Express Gold card with an unlimited spending limit, and allow the balance to be tendered monthly in accordance with HJR 192, UCC 3-104, UCC 3-603 , Securities Exchange Act of 1934, Trust Indenture Act of 1939, Electronic Funds Transfer Act 1978 et al.

Company response to consumer: Closed with explanation