12-15-2008 04:46 PM - edited 12-15-2008 04:47 PM
12-15-2008 04:59 PM
12-15-2008 05:04 PM
reportedly some banks track minimum payments. there's no telling how many of these and in what combination with other factors can lead to adverse action.
wamu cc website for example shows a check box listing your last three payments were either the minimum, above it, or below it. i would be surprised if amex wasn't also keeping a close watch.
12-15-2008 05:45 PM
12-16-2008 04:34 PM
I doubt that anyone knows this for a fact. And there's so much drama going on about AmEx, you could get any sort of response.
I suppose my attitude would be that if I could pay over the minimum, even if only $20, I'd go with that. Possible short-term discomfort, due to less cash available for other things, but long-term bennies of owing that much less.
This is a revolver you're asking about, right? Not a charge card?
Yah, it's Delta
12-16-2008 05:20 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO