andrewfashion wrote:I have very bad credit right now, and honestly, it'll probably take 1-2 years before my credit is fixed. Is there any way at all to get an Amex?
I have a bunch of collections, charge offs, judgements, and a tax lien (totaling 20 negative items on my credit report) -- LOL, sounds like a stupid question I'm asking I know.
Point is, can you even get approved for an Amex with negative items on your report? Or is it impossible? How many negative items have you seen on a credit report and someone get approved?
Obviously I'm doing everything in my power to remove the negative items from my credit report and pay of all collections.
American Express is a prime credit card company. It is true that the new Zync has been opening the door to those with questionable credit, even the Zync requires a relatively clean recent past. You will need those collection accounts to age to near removal to get an Amex.
You might try for a Dillard's Amex issued by GECRB-but even then, 20 negative accounts....ouch.
Another option is Amex's pre-paid card. Obviously it is prepaid but they monitor spending etc and they may offer a charge card after a while if they believe you might be a good candidate.
That is likely your best bet at this point.