Amex has a long memory. To my knowledge, if you owe them, default, file BK later, they will not do business with you again.
That is probably true for almost any company. My computer records go back to the 80s when our company first opened, and we can still look up our very first account .... When we get a credit app, if the SSN we are entering is already on file, then our system will pop up a window with all previous accounts/status that person has had with us. If someone has ever filed bankruptcy on us or their previous account was a chargeoff, we will not even consider their application unless they pay their old account off.
This should anyway be the policy as far as business is concerned. Unless you are off the debt that you owe its not feasible to ask for credit the same company. The history of your payment shows your capability to pay back. A good record will allow to proceed further but a negative will anyway stop you unless you work on dropping the negative from your record. _________________ Regards,
Subject: OPTima program...
Sat Feb 25, 2012 12:49 am
I'm tired of gooogling only to find horribly old posts. regardless, i found this page that way. had a corporate card with like 2000 credit limit on it. company fired me after i spent their 2000 (instead of their amex covering my fuel, hotels, per diem, etc) on repairing my transmission when it went out while driving long distance to one of their remote field sites. no job made no way to pay the 2000 corporate amex card. so time went by and the company didnt want their credit hurt so they paid the 2000 in full. this happened at the same time that i received an offer to participate in their optima program if i paid the 2000 owing. the whole letter looked like a total scam. however, the next thing i know i got an optima card for 1000 in the mail (as the company had paid the 2000 in full). how messed up?!? oh well, cool. only prob was i maxed out the 1000 optima and couldnt pay it since i still had no work but had to eat. so the 2000 dropped off my credit reports and they basically fixed my transmission and gave me a grand while not hurting my credit as much as if it had been the original 2 grand. weird how that all worked, but the optima program was legit. this all happened early 2007. anyone know what my options are at this point to get amex to extend me another card? i really do like their customer service and it was nice to have an account with them. thanks in advance for any ideas!!! i check credit karma daily for my score.
Tue Aug 05, 2014 9:25 pm
VuYgXt Major thanks for the blog article.Much thanks again. Cool.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.