Credit card -- Getting a credit card -- Complaint #10053063
Complaint Overview
Complaint ID: 10053063
Company: American Express Company
Product: Credit card
Sub-Product: General-purpose credit card or charge card
Issue: Getting a credit card
Sub-Issue: Application denied
State: Georgia
ZIP Code: 30034
Date Received: 2024-09-06T12:00:00-05:00
Date Sent to Company: 2024-09-06T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
AMERICAN EXPRESS COMPANY c/o XXXX XXXX XXXX XXXX XXXX XXXX c/o XXXX XXXX dba XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX NY XXXX XXXX : XXXX Application : XXXX XXXX Number : XXXX XX/XX/2024 Greetings, How can I be denied credit as an investor, especially when my signature created the securities that American Express is reaping the benefits of? Where is the fair exchange? Concerns 1. **Securitization of Credit Application** : A certified XXXX Securitization Audit Report in my possession shows that American Express securitized my credit card application, creating a bond that is being traded. This makes me a silent investor in American Express. 2. **Violation of SEC Rule 10b-5** : I also discovered that American Express is secretly trading this security on the secondary market which contradicts its SEC filings. This appears to violate the Securities Exchange Act of 1934, Rule 10b-5. 3. **Potential Tax Evasion** : The actions by American Express may have tax compliance implications, which I intend to report to the IRS.
Frequently Asked Questions
What is Complaint #10053063 about?
Complaint #10053063 was filed against American Express Company regarding Credit card specifically about Getting a credit card. It was received by the CFPB on 2024-09-06T12:00:00-05:00.
How did American Express Company respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit card) and describe your issue in detail.
Can I see other complaints against American Express Company?
Yes, visit the American Express Company company profile at readthecomplaint.com/company/american-express-company to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.