Credit Card Center Advertiser Disclosure†
06-08-2012 08:26 PM
I've posted this before but thought I would ask again: I had a Amex CO TL which after paying, was updated appropriately to "Paid". After, I was offered an Oasis cad which I gladly accepted in order to return to their good grace. I now have a new TL on my CRs listing the the opening date as the original "Member Since" date and is reporting with "Paid as agreed" for the past ~1 1/2 months yay! However, I still have the old PIF CO with Amex as well which of course, is a negative TL.
Those of you with an Oasis: does Amex automagically remove the the old TL leaving only the current account, did you GW for deletion, or does it simply hang around like old luggage for the full 7 years?
You guys are great ... thanks in advance!
~Recovering in Seattle (despite the Seattle Freeze lol)
06-08-2012 09:31 PM
06-08-2012 09:39 PM
Thanks - yes, I've seen those too but I haven't seen any with a new TL from the Oasis card only one TL from a PIF CO. I was just wondering what others had experienced when their Oasis began reporting. I figured, if it remains after about three months I will begin GW'ing the heck out of it but if usually falls off shortly after the new TL, I'll just twiddle my thumbs while I patiently wait
06-09-2012 10:09 AM
06-09-2012 10:13 AM
I've heard they're pretty good at GW's on active accounts. Glad it worked for you You mentioned receiving a CLI - is your card an Oasis? I didn't think they support CLIs for Oasis. Either way, I think I'll give it another month or two and begin GW'ing for deletion of the account. Meanwhile, I have several other GWs in transit for other accounts and am keeping my fingers crossed!
06-09-2012 02:14 PM
AMEX offered me an Oasis thru their collection arm but I didn't take them up on it. Mostly I thought it was a collection gimmick. I thought how could they offer me another card when I was 2 months late paying them so much money. That was before I found this board - I didn't even know what Oasis was and I did not go for it.
I was so embarrassed to find myself in that mess.
Then I started slowly first with a Corporate card to get back in the door and got approved over time got 4 others. Now I have more credit with them again then I would ever use. The best cards with nice credit lines. All it took was paying them back, throwing yourself on the AMEX sword and time.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.