I have posted my frustrations with regard to my relationship and experience with American Express and my belief that I was being mistreated due to algorithmic shortcomings but objectively speaking it is clear that there are no avenues by which one can solve something like a return payment occurring in theory on an account balance that had already been successfully PIF'ed, so just avoid a year of unnecessary blacklisting and if you only have enough in the account to pay the balance and a failed ach occurs, LISTEN TO THEM AND DO NOT INTIATE A SECOND TRANSACTION OF A DIFFERENT AMOUNT THAN YOUR FIRST IN AN ATTEMPT TO LOOK BETTER TO AMEX FOR PAYING IN FULL IN LIEU OF THE SECOND ATTEMPT AUTOMATICALLY PULLING THE SMALLER AMOUNT, or at least only pay the difference, as if the automatic payment processing in queue resumes to the second attempt, it will not interrupt it and realize you have already settled your balance and thus owe Amex nothing in principle (and perhaps legally speaking, this seaming to be an inherent glitch in the ach payment processing which is a dinosaur in the age of instant exchanges, though one wonders if it isn't a safer feature insofar as money is itself flawed and easily lost under circumstances that credit cards are refused, but I don't know...)
Anyway, after the blacklisting ended and I was quite upset I had been spending as much as 7k a month PIFed on a 2k BCE account which was a pain... no matter what, that doesn't matter if you have had a payment return... do not bother with cli or new account apps. However, when that is finally over, do not be ignorant to the overseas agents insistence that the only reason listed isn't the explanation: Amex is ymmv and no matter how you have a clean record, spend high, carry no balances, if it says only "the number of creditors who have reviewed your credit" and only this, the insistence by many that they are not inquiry sensitive and it must be some other reason isn't true (of those who are self employed and did not provide a tax return when given a cld and unjust account review and freeze at the beginning of the pandemic... at which point I told them if my history didn't stand on its own they could close my account and I'd kick rocks... they told me all I had to do was pay 30 percent of my balance carried and I would be restored, BUT I HAD ALREADY PIFed...). Ultimately, you will no matter what receive a score and four negative factors stating why your score is not perfect, and perhaps even if it is pefect, but for most of us and those I'm writing this for, that is irrelevant: these four reasons, even if you have APPd at 730-740 for every attempt, likely will relate to that "creditors" statement and for me, in spite of what so many here will state, and in spite of my payment history and no inquiries for 9 months, until I was under 5 hard inquires and the majority of my business truck loan had been paid for the appropriate timeframe (meaning double payments for a year), I was denied incessantly and felt like it was impossible. Yesterday, after finally seeing my Experian profile state in green that I had paid off a significant amount of my non mortgage loans and while inquiries were still red, it said only 5 for the 12 month period: I was finally approved.
don't give up and don't take it personally: robots are stupid.
