topic Re: amex authorized users for who burned them in the past in Credit Cards

amex authorized users for who burned them in the past

mustangy1 — Mon, 07 Dec 2020 03:23:19 GMT

I just read a nice fun topic about this and tried wife card to be authorized user boom i m approved (burned amex for a sall amount long story)
but sadly just read being autohorized user of amex is good for reporting and points
we the people burn amex in the past have no chance of being approved again
wav after 7 or 10 years (bancrupty ) should be legal and law abide for amex delete history but seems they not (this is illegeal actually)
if true story some have 40 years (**bleep**). of being blacklisted in amex databases,
https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Authorized-user-Burned-Amex-in-the-past/td-p/5018080/highlight/true

Re: amex authorized users for who burned them in the past

TheFIGuy — Mon, 07 Dec 2020 06:58:44 GMT

Hey @mustangy1,

If you burned AMEX for a "small" amount why not fully pay them back and apply? (obviously "small" is subjective).

Re: amex authorized users for who burned them in the past

FinStar — Mon, 07 Dec 2020 08:17:38 GMT

@mustangy1 wrote:

we the people burn amex in the past have no chance of being approved again
wav after 7 or 10 years (bancrupty ) should be legal and law abide for amex delete history but seems they not (this is illegeal actually)
if true story some have 40 years (**bleep**). of being blacklisted in amex databases,

@mustangy1 - there is nothing illegal about such internal policies or practices even if they may seem unfair. Previous legal challenges have stood the test of time and resulted in AmEx's favor 🤷‍♂️.

That said, plenty of individuals have shared countless positive experiences as far as re-establishing their previously strained AmEx relationships by voluntarily satisfying any uncollected debts and in turn being offered the Oasis Program (Optima 'second chance') option.

Re: amex authorized users for who burned them in the past

Anonymous — Mon, 07 Dec 2020 10:28:34 GMT

Bankruptcy forces AMEX for forgive the debt that an individual may have with them. It does not force them to forget that they were burned by that individual. It also does not force them to lend, again, to the individual that burned them.

A bankruptcy, while it may solve several immediate financial issues, is not a magic eraser.

Re: amex authorized users for who burned them in the past

Ficoproblems247 — Mon, 07 Dec 2020 13:29:40 GMT

I burned AMEX for a "not so small" amount, and paid my debt that I owed to them off in full when I got back on my feet. They approved me for a new card while their own original CO was still on my credit reports.