Super Contributor
Posts: 6,142
Registered: ‎02-23-2011
Re: Pay charged off AMEX?

McArthur wrote:

resilient wrote:

I know I'm late but I was blacklisted from a 2002 unpaid charge off I applied for a BCE back in November and was denied. Denial letter said "reason for denial-American Express previously closed your account". It was also a hard pull.

Ouch!  That sucks!


Every time my brother applied they shot him down with the same reason, but always without a hard pull.  Then he applied in December and approved after ID verification. 

Amex certainly does "forgive" bad debts, but just not sure how they decide whom or what amount to forgive.  On the other hand, for some are still on the list after 30 years over a relatively small charge off of $650.