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Regular Contributor
PRILEY
Posts: 158
Registered: ‎11-29-2007
0

Extended Payment Option w/AMEX

Amex keeps offering me the extended payment option on my Buis Gold. They tell me it won't affect the account at all. Should I do it ?

TU / FICO Clasic 04 (767), EQ / Facta Beacon 5.0 (723), EX / Fair Isac Ver 2 (761) 9/28/2010 From the lender.
New Contributor
bubblebutt
Posts: 100
Registered: ‎06-20-2010
0

Re: Extended Payment Option w/AMEX

[ Edited ]

if i were you , i will never take it.

amex always remember your payment patern

always pay in full with amex charged , even they offer the EP

dont let them think you have financial problem. they will kill you

amex love rich customer, they hate poor (like me, LOL)

starting score 549
current score 702 TU , 708 EQ, EX ??
goal score 740

Epic Contributor
Creditaddict
Posts: 22,067
Registered: ‎10-23-2007
0

Re: Extended Payment Option w/AMEX

+1 NEVER take extended payment options from Amex when your card is designed to be paid in full.  Even Amex credit cards should not rovolve for more than 3 or so months without possibly ending up in there sights for financial review or CLD.  Believe me, I'm revolving a balance on 2 business cards and Amex CLD pretty much whenever they can, even on the personal cards that I was not revolving on.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Regular Contributor
PRILEY
Posts: 158
Registered: ‎11-29-2007
0

Re: Extended Payment Option w/AMEX

Why do they offer it.........Fishing???

TU / FICO Clasic 04 (767), EQ / Facta Beacon 5.0 (723), EX / Fair Isac Ver 2 (761) 9/28/2010 From the lender.
Epic Contributor
Creditaddict
Posts: 22,067
Registered: ‎10-23-2007
0

Re: Extended Payment Option w/AMEX


PRILEY wrote:

Why do they offer it.........Fishing???


haha no telling, but in Amex' eyes its probably a good way to find out if any of there cardholders are struggling and just not showing it on a monthly basis because they have to pay in full, then amex drops this in there laps and they take it in desperation... Amex is going to want to know why you needed this offer all of a sudden, then you end up in a finacial review so they can see if you don't have any money anymore.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
New Contributor
bubblebutt
Posts: 100
Registered: ‎06-20-2010
0

Re: Extended Payment Option w/AMEX

may be, they  want to know,

which one is Steve Job (the apple CEO }. and which one is Steve Johnson ( mc donald cashier) lol

starting score 549
current score 702 TU , 708 EQ, EX ??
goal score 740

Regular Contributor
jforsyth
Posts: 164
Registered: ‎05-01-2010
0

Re: Extended Payment Option w/AMEX

[ Edited ]

In the words of the great Admiral Ackbar....

 

http://www.youtube.com/watch?v=dddAi8FF3F4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IT'S A TRAP!

___________________________________

EQ FICO: 740 (09/04/11)
TU FAKO: 756 (06/07/12)
BankAmericard Cash Rewards | Amex Zync | Citi Forward

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