Pay in Full each account at 100% - and get an Amex - OPTIMA Credit Card The pre-approved offer was for the American Express Optima card. “American Express Credit Card Company closed all my 5 credit cards ( 3 biz card + 2 personal card ) suddenly without any inquiry or conversation with me. American Express Membership Rewards. It was probably too much of a knee jerk reaction....but at least it's done. Settle each account for approx 50% balance and ask them to report - paid in full. They may have a different deal now. ). Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. There are only few experiences that are as unnerving as being on the receiving end of a phone call with a debt collector like American Express.Daily, people continue to receive calls from American Express and other debt collectors who are trying to get money from them. Best offers come right before charge off, which happens at about 180 days late. Card 2 - $900 -- Charged Off
E; Petition, Attach. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income. The Optima Gold card does not have an annual fee but has an interest rate determined by the number of American Express products a consumer has. American Express offers world-class Charge and Credit Cards, Gift Cards, Rewards, Travel, Personal Savings, Business Services, Insurance and more. A class action suit alleging unfair and misleading billing practices was filed against American Express on behalf of its Optima credit card holders. you three. received letters in the mail - but before i call them - i wanted to get They take a long time to settle. Card 3 - $4,500 -- Charged Off
There is the regular Optima card that has a yearly fee of $15.00 and the interest rate varies from 12.25 up to 21%. will be forwarded to the company advertising on the DebtCC. 1.
I am behind 120 days. Settlement with Amex requires steel nerves and precision timing, and is best handled via a customized full service approach. It shows $0 balance. Prior to the financial crisis of 2008, American Express was not a bank like most other major credit card issuers (such as Bank of America, JP Morgan Chase, Citibank, etc. American Express Credit Card Debt.Our New York debt relief attorney has been rated by Avvo as a Clients' Choice for 2015. American Express will not consider a settlement unless your account is past due, and the longer your account is delinquent, the better settlement you may be able to get. Compare American Express credit cards. They will then insert a completely new account from American Express with the new card they send you. There is just a pre limit setting and there are no hidden fees etc. If you've fallen behind on your American Express bill or are simply tired of throwing away money each month on interest and fees, debt settlement may be one option for eliminating your debt quickly. settle the account, they will report it settled, not paid in Business Credit Cards. The Membership Rewards ® points accumulated by a deceased Card Member may be reinstated to a new Basic account or redeemed by the Estate or an eligible party. American Express offers world-class Charge and Credit Cards, Gift Cards, Rewards, Travel, Personal Savings, Business Services, Insurance and more. Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States, I have 3 cards with Amex - all 3 charged off - all charged off 2 years back -- all in Collection with NCO, Debt Consolidation and Debt Settlement forums. 13. this is very dissapointing ! The next four products are called the American Express Optima cards. Find out how our firm may be able to provide a solution to your debt needs through a free case evaluation. I have an american express credit card. Pay in Full each account at 100% - and get an Amex - OPTIMA Credit Card
Thanks a lot.... Sub: #1 posted on Mon, 03/19/2012 - 17:38, Sub: #2 posted on Mon, 03/19/2012 - 18:43, Sub: #3 posted on Wed, 03/21/2012 - 09:58, Sub: #4 posted on Wed, 03/21/2012 - 11:45, Sub: #5 posted on Wed, 03/21/2012 - 17:14, Sub: #6 posted on Wed, 03/21/2012 - 20:48, Sub: #7 posted on Thu, 03/22/2012 - 07:29. The Card has a 25 day grace period, and the option to pay over time. There's no mention of the Oasis program, but my understanding was that the Optima now only exists as an Oasis card. If you The Optima Platinum Card offers some of American Express' most extraordinary benefits. 2. E, Ex. American Express: Platinum Charge, Optima, Business ... As for the Optima card, I have already sent in the application. Funny thing is after I paid the balance on the closed platinum card, they offered me an AMEX Optima card with a 1,500.00 limit, well you know what I told them about their so called offer. From what I read online in other forums for people in similar situations but with different card offers. Pay in Full each account at 100% - and get an Amex - OPTIMA Credit Card My question: 1. I offered a settlement of 50%. If you've received an offer letter from them and want Based on the offer letters, I have 2 options:
collectors - and even more apprehensive in negotiating Funny thing is after I paid the balance on the closed platinum card, they offered me an AMEX Optima card with a 1,500.00 limit, well you know what I told them about their so called offer. Every Credit Card with no annual fee comes with services you’d expect from American Express. The Optima Platinum Card offers some of American Express' most extraordinary benefits. Loans. @ TOMEASON...we were a few days away from getting the penalty interest rate, and were afraid we would never catch up after it was applied. Did some research online and this card has almost no information available on American Express website or the web in general. In 1999, American Express introduced the Centurion Card, a black charge card aimed at the company's wealthiest cardholders. I offered a settlement of 50%. The Card has a 25 day grace period, and the option to pay over time. your customers, as well as to the independent Card Issuers of American Express, ® Optima® and JCB.® The Operating Procedures contained in this part focus primarily on the MasterCard, Visa, and Discover Network Associations’ operating rules and regulations, and seek to provide you with the principles for a sound Card program. You must log in or register to reply here. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer. They are designed I have an american express credit card. negotiations.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies. They are not allowing me to pay off the credit card. My question:
14. tÄng thêm thu nháºp cho các bạn từ viá»c kiếm tiá»n online thá»i Äại 4.0, UNITE & FIGHT - Share Your Ideas on How Homeowners. It's this against the federal banking laws? I have money to pay - but if it doesn't help in anything, I rather settle. I would contact Chase and Citi and see if you can make an affortable payment plan or settlement. We had good luck just going ahead and calling our cc companies after being 60 days late and asking them to settle. Determine what amount you plan to offer as a settlement. If you are facing a default situation with American Express and would like to have some professional assistance in resolving the matter, please read my 5-part series on Tailored Debt Settlement. has given you the options...there is NO The Membership Rewards ® points accumulated by a deceased Card Member may be reinstated to a new Basic account or redeemed by the Estate or an eligible party. Basically it states that I have been selected for a special offer to receive an Optima card application from American Express if I pay my past due account in full. They refused to take the settlement and said that I can't pay off the credit card and I can ONLY resume payments. The Card has no annual fee, and comes with a competitive 0.00% APR for the first 6 months of cardmembership, and then prime plus 6.00%. My application for the new Optima Card "Will" be approved unless I have filed for bankruptcy, do not make the payment required, or have an existing open American Express ⦠My husband thinks that their reluctance has to do with the fact that we used the card (for an emergency) as late as November. And I had the Gold Card before and AMEX took my 37000points when I couldn pay the card on time. ... AMEX Get free mortgage help today. First, they used to call , now sending me settement offers in mail. So, find your Credit Card with no annual fee today and enjoy great benefits and the backing of American Express. Prior to the financial crisis of 2008, American Express was not a bank like most other major credit card issuers (such as Bank of America, JP Morgan Chase, Citibank, etc. to discuss options, why aren't you just calling AMEX and asking When it comes to settlement with American Express, there are some specific facts about this creditor that you should be aware of. PO Box 297813. We have successfully settled 3 cards on our our own, and are surprisingly having the hardest time with Amex (I have read they are fairly easy). Card 1 - $500 -- Charged Off Card 2 - $900 -- Charged Off Card 3 - $4,500 -- Charged Off Based on the offer letters, I have 2 options: 1. I misspoke....I was 60 dayslate on Chase and Capital One, we are actually about 90 days with American Express. You may send a written request to redeem the points to the following address: Membership Rewards Correspondence Unit. I am
But if you ever want another card from them you have to pay the full amount. Stop excessive calls from American Express. When negotiating credit card debt with American Express, it's in your best interest to know exactly what you're dealing with. We settled for 60% with Chase and CapOne. don't understand. 5). Settle each account for approx 50% balance and ask them to report - paid in full. The reason for closing my account is not being used for the intended purpose. The American Express Company (Amex) is an American multinational financial services corporation headquartered at 200 Vesey Street in New York City.The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. I have In response to an attempt by a Postal Inspector to purchase an American Express credit card through Respondent’s program, Respondent forwarded an application for an American Express Optima Card, which is available free of charge from American Express (Petition, Attach. 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