Can I get an AMEX?

[FN]

My current FICO average across the three bureaus is 782, but 8 years ago I had an AMEX card with a $5K delinquency because I was an idiot. Ultimately AMEX sold the receivable to a collection agency and I paid the agency about $7K against a claimed $10K. I'd bet that AMEX wrote the debt off and got 10 cents on the dollar (and the collection agency made hay).

Anyway, I'm wondering if folks have insight into whether AMEX would give me another card given my history with him. If I didn't have a history with them, they'd be sure to give me a card, but I'm thinking b/c of the write off they might not. Any thoughts?

[Anonymous]

do a search for amex's "oasis" program. amex will never give you any other card, until you make good on the old account.

[oneloveforall_2000]

I don't see why not just apply, why not go for discover?

[Anonymous]

If the balance is paid I believe you can ask to be invited into the Oasis program.

Some of the other guys know a lot more about it than I do.

[Anonymous]

Actually, paying the balance first may preclude you from being invited into Oasis.  You have to owe them money to get in.

Agree with ducky, though.  Amex will not give you another card until you settle up.

[Anonymous]

AMEX not sell thier debt to CA's-

Nice scores- I wish you luck getting back in with Amex.

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FN wrote:
My current FICO average across the three bureaus is 782, but 8 years ago I had an AMEX card with a $5K delinquency because I was an idiot. Ultimately AMEX sold the receivable to a collection agency and I paid the agency about $7K against a claimed $10K. I'd bet that AMEX wrote the debt off and got 10 cents on the dollar (and the collection agency made hay).

Anyway, I'm wondering if folks have insight into whether AMEX would give me another card given my history with him. If I didn't have a history with them, they'd be sure to give me a card, but I'm thinking b/c of the write off they might not. Any thoughts?

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