Consumer complaint received 2025-04-13 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:
: Rebuttal to the Adverse Action Application Reference XXXX value {$250000.00} / XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX This notice constitutes a formal rebuttal to the adverse action communicated in response to a private application for credit. Said action is hereby rebutted as incomplete, unlawful, and issued in commercial dishonor based on multiple statutory, contractual, and regulatory failures 1. Material Non-Disclosure Restatement ( Second ) of Contracts 161 : Failure to disclose the complete criteria or internal process used to review an application may be considered a misrepresentation by silence. A financial institution is required to act with transparency and fairness, and withholding known information may be classified as fraud and omission.

2. II. Fraudulent Misrepresentation Restatement Contact 162 : and Texas penal code 32.32 A denial based on 'lack of credit ' while knowingly refusing to acknowledge a lawfully sufficient negotiable instrument ( such as a private bond or promissory note backed by collateral ) meets the conditions of a knowing misrepresentation. This creates commercial liability and reinstatement Contact 162 ( a-c ) 3. Federal Non-Compliance 15 USC 1681m and 1691 ( d ) : Adverse actions related to credit must include : Disclosure of any consulted credit reporting agency Notification of rights under the Fair Credit Reporting Act and ECOA A clear and Accurate Explanation of the reason for denial An Avenue for reconsideration, Appeal, of factional correction.

Failure to meet any of the requirements will render a denial unenforceable and administratively defective.

4. Federal Non-Compliance 15 USC 1681m and 1691 ( d ) : Adverse actions related to credit must include : Disclosure of any consulted credit reporting agency Notification of rights under the Fair Credit Reporting Act and ECOA A clear and Accurate Explanation of the reason for denial An Avenue for reconsideration, Appeal, of factional correction Conditional Acceptance of Adverse Action Pending Full Disclosure '' Request Full Disclosure : under Truth in Lending Act ( TILA ) Regulations Z, Under Securities Exchange Act, Federal Trade Commission, Regulation Z. Consumer Protection, 12 CFR part 1026, and 15 USC 1681 ( g ) You are hereby required to produce the following : 1. The original underwriting guidelines were used to deny the application.

2. Both certified copy of credit report used, for credit determination 3. A verified affidavit stating American Express has no knowledge of the collateral Instrument provided 4. Name and title of individual that denied credit application 5. A legal opinion or written policy confirming that a trust-backed, collateral secured credit instrument can not be excepted under American Express Financial Depository Institution policies .

Demand Request is under the Legal Framework and Authority of : 1.Truth in Lending Act ( TILA ) Regulations Z, 2.Under 193
3 Securities Exchange Act, 3.Federal Trade Commission, 4.Regulation Z . Consumer Protection Act, 5. 15 USC 1681 ( g ), 15 USC 1681 ( m ), 15 USC 1691 ( d ) 6. UCC 1-103, UCC 3-104 , UCC 9-203, UCC 9-308 Failure to meet any XXXX the requirements will render a denial unenforceable and administratively defective

Company response to consumer: Closed with explanation