- Centurion Member
- Posts: 3959
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
@otter - I agree it's not as bad as pay-for-delete on debts that are absolutely genuine. I totally agree that backdating is a legal part of the rules. As to your history, no one asked you if you wanted a credit history, but you did still sign an agreement with Amex when you got the card.
@MemberSince99 – You don’t have to pay Amex an annual fee to get the backdating, but I agree I would probably set too high standards to get much business as a lender.
@DONx3 – If Marxism applies here (and I'm not quite sure it does), wouldn't Amex be the Marxist state - treating everyone equally, regardless of merit? If you want to assign an ideology to me, it should be a more capitalist-libertarian one. My perspective is that people should be held responsible for their own mistakes. If you have some different interpretation of how political theory applies here, please explain it.
@takeshi – It may be the case that you have to be a low credit risk at present to get backdating, but it still implies a person was a member at a time he or she could have been completely blacklisted. I’ll say more about this later.
@papamode72 – I definitely see the appeal of reopening an Amex after financial mistakes.
More input, welcome or not, is coming shortly in another post. I like to be able to easily read everything I’m about to post.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May