Amex Question

[masscredit]

I'm doing some research before I apply for an AMEX card in the near future.  I just tried their pre-qualification site.  It said - we could not find Pre-Qualified Offers for you at this time.   Current EX score is 749 with a 9 year old BK reporting. I might be able to get an early exclusion from EX in two months.  I gained 42 points when TU did that. 

AMEX was included in my BK.  I've read a number of posts about them black listing people. It seems like I won't take an inquiry if I'm on that list?  I'd be looking at either a Delta Skymiles card or their Everyday card.  If I'm approved, I'd like to see a SL of at least $10K. 

[CreditInspired]

@masscredit
How much money was IIBR for AmX?

AmX has a long, very long memory.

[Jnbmom]

Amex has a long memory and if you don't pre qualify it must suggest you are on their BL. I included amex in my BK they let me back in after 13 years but 1K starting limit.

You may eventually get back in with them but I highly doubt they will give you a 10SL.

[masscredit]

I just pulled my BK box to see how much I owed them. Looks like it was about $28K. 

[wasCB14]

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@masscredit wrote:

I'm doing some research before I apply for an AMEX card in the near future.  I just tried their pre-qualification site.  It said - we could not find Pre-Qualified Offers for you at this time.   Current EX score is 749 with a 9 year old BK reporting. I might be able to get an early exclusion from EX in two months.  I gained 42 points when TU did that. 

AMEX was included in my BK.  I've read a number of posts about them black listing people. It seems like I won't take an inquiry if I'm on that list?  I'd be looking at either a Delta Skymiles card or their Everyday card.  If I'm approved, I'd like to see a SL of at least $10K. 

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Correct. They would consult their internal blacklist before pulling your credit. If you're on the blacklist, they won't pull your credit.

Of course, their practices can always change...

For $28k, you may need to continue to wait. 9 years sounds a bit short.

Also be aware that while you have no legal obligation to pay back the $28k, if they do let you back in some day they may "request" or "suggest" that you repay some or all of the $28k. If you decline to do so, it's very possible they may close a future account.

[AverageJoesCredit]

If you included the 28k in bk, how can Amex legally ask you to pay it back?

[Anonymous]

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@AverageJoesCredit wrote:
If you included the 28k in bk, how can Amex legally ask you to pay it back?

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Same way that utilities and cell providers can blacklist you. You don’t have to pay it but if you want a relationship with them, they can ask for it. 

I can’t get postpaid with Sprint since they were IIB (not that I’d want to) and I burned all of the other carriers with charge offs so it’s all prepaid and MVNOs for me. 

[wasCB14]

masscredit,

I think you have very little to lose by applying.

Maybe you're still blacklisted...at least you'll know, though.

Maybe you're not blacklisted but will waste a HP.

Maybe they approve you but shut you down for not repaying the old debt. Using your scores and CLs to get a ballpark idea of your income/spend, I'm assuming you think a renewed Amex relationship is not worth paying several thousand dollars. So maybe you get an inquiry and a short-lived account.

I expect you're still blacklisted, but go ahead and apply. Just keep your hopes for a "no strings attached" approval low.

[masscredit]

I'm confident I'll be approved if I'm not blacklisted. I didn't go through all of the paperwork in my BK box. It's at least 8" thick. I believe there might have been two AMEX accounts IIB. I may give it a try by the end of the months. No BL should give me an approval with a HP. That will be worth it.  If I am BL then I'll be denied without a HP.  No chance of me paying any of that money back. It's behind me in a "past life".  Some of it might try to haunt me once in awhile but I've moved on.

[AverageJoesCredit]

Lol, @Anonymous , i understsnd the blacklist all too well, spent 10 years in Amex doghouse but i only burnt for about $1500, thats a penny compared to 28k . But no doubt i understand wanting to pay back a creditor. If it were me and i had to choose between paying back 28,000, especially if i had it, or getting an Amex, id choose the 28,000 lol. I love Amex for sure but with my low spend and income i could live without them. Say hello to new car if i had that 28k