cancel
Showing results for 
Search instead for 
Did you mean: 

Amex FR

tag
rred4
Regular Contributor

Re: Amex FR

OH so its because he made a min payment thanks Brammy I knew you were somewhere watching

Starting Score: 580
Current Score: 750(EQ) 746(TU)
Goal Score: 800


Take the myFICO Fitness Challenge


Message 11 of 31
Anonymous
Not applicable

Re: Amex FR

I won't say that this is the reason but I believe even in the new T&Cs it warns about min payments.
Message 12 of 31
rred4
Regular Contributor

Re: Amex FR

What does it say about min payment

Starting Score: 580
Current Score: 750(EQ) 746(TU)
Goal Score: 800


Take the myFICO Fitness Challenge


Message 13 of 31
Anonymous
Not applicable

Re: Amex FR



rred4 wrote:
What does it say about min payment


It basically says- sorry I don't have them in front of me- that if you make the minimum payment for too long they will actually increase your minimum payment- word to the wise- they always want above the minimum payment. Can't really give you exact examples, but if let's say the min was 50.00-- I'd pay 75.00 to 100.00.
Message 14 of 31
Anonymous
Not applicable

Re: Amex FR

If I can't PIF I always at least double the minimum payment.
Message 15 of 31
Anonymous
Not applicable

Re: Amex FR

Amen, never pay the min with AMEX.. always pay more
Message 16 of 31
Anonymous
Not applicable

Re: Amex FR

To the OP- has anything else happened w/ you total credit picture- I.e. apping and getting approved for a bunch of cards in a short period of time, making  a large BT to a card, making the mins on all your cards...
 
just wondering because sometimes it is a combination of your total picture...
Message 17 of 31
kclb
Regular Contributor

Re: Amex FR

Hm. I want to try reach my goal of approx between 5-10k in a year. Hope Amex will love me by then.

-
EX - 677 | EQ - 714 | TU - 724 as of December 4, 2013.
-
CC - Bank Of Hawaii - Hawaiian Airlines - $1500 / AMEX - Costco - $1200 (Nov '13) / Discover IT - $1200 / Aloha Pacific Credit Union - $3000 / AMEX - Blue - $6500 (authorized user) / Chase - CSP - $5000 (Dec '13)
-
Closed Accounts - AMEX Platinum.
Message 18 of 31
fused
Moderator Emeritus

Re: Amex FR



Brammy wrote:
Amex does NOT like min payments



Oh yes! Right said Fred!Smiley Happy
Message 19 of 31
fused
Moderator Emeritus

Re: Amex FR

Amex doesn't like revolvers...and I don't mean handguns. If you are going to revolve a balance keep it low, low.
Message 20 of 31
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.