LTomBerry wrote:So when I was newlywed and in college I got a BofA Visa and AMEX Blue for Students. My wife got a few cards of her own too. I don't think I was ever late with AMEX. I lost my job and wound up doing a debt consolidation thing with Moneymanagement.org right before I joined the military. Part of their deal was I had to close all accounts. That was back in 2003. My Transunion report says
>Payment After Charge Off/Collection<
Account closed by credit grantor
Estimated date that this item will be removed: 10/2010
I successfully paid off everything I owed through the program and have had no late payments on anything since 2003. No bankruptcy ever. My FICO score is around 720 now and should get better after all the 2003 drama falls off the 7 year cliff. I currently have a USAA Platinum Mastercard I got in Oct 09. I now have my eye on the AMEX Blue Cash. I intend to apply for it after Oct 2010 when my report is squeaky clean. Do you think I have a chance? I have read that AMEX will pretty much blacklist you if you ever had any bad juju with them.
Just like originality said you should be fine. You at least payed it back and didn't file bk and make them loose money. Most likely they will give you another card however you'll probably start with a low limit. Even though it is off your credit they still have internal records and even though banks are not supposed to share these information they still do (may affect decisions from other creditors due to sharing information).
If you do have a good job and a solid income I doubt that they'll have any issue. Have you ever thought about calling them and tell them whats up ? My experience is that Amex by far has the most knowledgeable and well spoken customer service in the cc industry.
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955