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PSA: amex bloc may report to consumer credit

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bourgogne
Valued Contributor

PSA: amex bloc may report to consumer credit

hi -- I know nothing about this product other than the $250 I got for just signing up.  does not seem like a traditional loc, more like a series of loans but whatever I am sure somebody will find it useful.  one thing that caught my eye is the reporting, that would suck if it showed up on a consumer report imo.  sorry if this fact is known.  have a good weekend

 

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2 REPLIES 2
pizzadude
Credit Mentor

Re: PSA: amex bloc may report to consumer credit

I haven't seen any recent datapoints where anyone mentioned an AMEX BLOC showing on their personal reports.  My guess is that it's similar to AMEX Biz cards and will only pop up there if you default / stop paying. 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 3
JoeRockhead
Community Leader
Super Contributor

Re: PSA: amex bloc may report to consumer credit

I've not heard of this reporting to personal either and as already mentioned shouldn't report to personal unless there is some sort of default on the account. Let us know if you experience something different.

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