Re: AMEX BCP Approval?
12-29-2012 01:57 PM
Charge-off. I was laid off in December of 2008 and had to go on a payment plan for my Platinum card. My next employer bounced a very large payroll check due to a banking error and I was defaulted out of the payment plan after bouncing a check to Amex. I was foolish enough to accept their promise that I PIF for the remaineder of the balance it wouldn't negatively affect my credit score. Lesson learned, get everything in writing. I've been trying to build back up from a 120+day late since the C/O in June of 2009.
On a side note, I've been receiving offers for Gold Rewards cards constantly. Would it perhaps be wiser to get a Gold card to re-establish a relationship and then app for a revolver?
Yes it would be wise to get another charge card before a revolver because of your past history with AMEX. But I maybe wrong, but some members on here did get a revolver after a paid C/O.
$100K in Credit
Last Credit Card App: 11/16/13