Prior AmEx charge off, will I get a second chance?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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CC Deville
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Postby CC Deville » Sun Oct 16, 2011 3:16 pm

True. Maryland: Statue of Limitations on Open Accounts (credit cards) is 3 years; judgements are 12 years. So it looks like he would be in the clear. I fully agree with you though, it would be a waste of an inquiry.

Even though the accounts are no longer listed on the credit bureaus, rest assured that AMEX has record of them on file and likley will for another 10 years.


Mike
 
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Will Amex forgive me if I pay a 13 year charge off?

Postby Mike » Sat Mar 17, 2012 8:26 pm

I fell into very hard times 13 years ago. I had a Platinum Amex with an $ 8000 balance that I could not pay. The account was closed and charged off. I never received any collection attempts from collectors or Amex. I now would like to get a new Amex card. If I contact Amex and offer them to pay my outstanding balance, does anyone know if Amex will ever forgive me and grant me a new card ever again?

CC Deville
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Postby CC Deville » Sun Mar 18, 2012 6:48 am

Mike wrote:I fell into very hard times 13 years ago. I had a Platinum Amex with an $ 8000 balance that I could not pay. The account was closed and charged off. I never received any collection attempts from collectors or Amex. I now would like to get a new Amex card. If I contact Amex and offer them to pay my outstanding balance, does anyone know if Amex will ever forgive me and grant me a new card ever again?


That is the only way I have ever heard of anybody getting back in with Amex after a prior chargeoff. I believe after 15-20 years they might finally purge the charged off account from record but that is a long time to wait.

Your other options for another AMEX network card is to get one from Macy's/Bloomingdale's; Dillard's (thru GECRB); Citibank; USAA or Pentagon FCU

Crashem
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Postby Crashem » Thu Mar 22, 2012 5:32 pm

Look up AMEX Oasis program on web. That program is for 2nd timers. Not sure if it is still around or gone. Also, they might ask for you to pay them back as part of program, but I definitely know people who made good and got AMEX back. Positive thing for your credit is that you can probably get them to report new card issue date as your original membership year.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k

SteveT
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Postby SteveT » Mon Jun 04, 2012 6:12 pm

Crashem wrote:Look up AMEX Oasis program on web. That program is for 2nd timers. Not sure if it is still around or gone. Also, they might ask for you to pay them back as part of program, but I definitely know people who made good and got AMEX back. Positive thing for your credit is that you can probably get them to report new card issue date as your original membership year.


+1

Oasis Program still exists.

MemberSince99
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Postby MemberSince99 » Mon Jun 04, 2012 7:47 pm

CC Deville wrote:That is the only way I have ever heard of anybody getting back in with Amex after a prior chargeoff. I believe after 15-20 years they might finally purge the charged off account from record but that is a long time to wait.

Your other options for another AMEX network card is to get one from Macy's/Bloomingdale's; Dillard's (thru GECRB); Citibank; USAA or Pentagon FCU


I got back, I unfortunately had two charged off cards with them - a green and a blue. Granted it wasn't 50 grand, but still, even 2k hurts. And they let me back into the fold and I haven't paid them for those charge offs.

There is always an exception to every rule. I take no pride in that, just telling the story.

So to the OP, you can find out if you are blacklisted by applying - if it's rejected with no HP, you're blacklisted. If you get a hard pull and are rejected, then you have a chance once your credit improves to what they like to see. And if you are accepted, then welcome back to the family and this time make sure you do everything in your power to do right by them as they are worth it. Not preaching at all, just saying, I'm really glad to be back to Amex.



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