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AMEX GOLD C/O was paid with PIF; but new AMEX GOLD has same Tradeline as C/O AMEX;

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AMEX GOLD C/O was paid with PIF; but new AMEX GOLD has same Tradeline as C/O AMEX;

Hello all I am back!

 

As explained in prior threads I PIFed an AMEX GOLD that was closed. AMEX offered new GOLD with different acccount number (last 5 digits were different) with a 2K limit. All is great!

 

PIFed account showed up as $0 Balance and Comments indicated "Paid in Full. Charged off".

 

When new AMEX GOLD first statement shows up on CR's it has the same Tradeline as the old account, with a balance over $500. The balance amount was accurate, however, the status of the account was "Charged off" and it indicated that I was 30/60/90 days late in the past. Also, it does not show up as a negative closed account anymore, however, it shows up as an open account.

 

I want to dispute it however, my concern is that AMEX will correct the tradeline to reflect the charged off account. Then add a new tradeline for the new account. My other thought is to dispute the account status and the late payment status only.

 

Should I come clean and get them to do it the right way, or take advantage of a chance to disappear a charge off.

 

What does the group think?

Message 1 of 4
3 REPLIES 3
Valued Member

Re: AMEX GOLD C/O was paid with PIF; but new AMEX GOLD has same Tradeline as C/O AMEX;

Dispute the status of the account and see what happens. I personally would want the right information reporting on different trade lines because worst thing that could happen to you is a couple of years from now they split out the accounts and then the charge off account becomes separate with a recent report date. That could tank your scores when you least expect it. 


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Message 2 of 4
Senior Contributor

Re: AMEX GOLD C/O was paid with PIF; but new AMEX GOLD has same Tradeline as C/O AMEX;

Look carefully at the whatever account numbers that are listed on your reports and see if they match on both accounts. They shouldn't as you posted you have new last digits. This may explain why it seems they are combined on your new account from the old. If so. I'd call them and tell them.





My posts are JMHO. I DO NOT claim to be a FICO expert. Just sharing my experiences from rebuild to recovery after BK DC. My siggy is not to brag at all. Just to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 3 of 4
Senior Contributor

Re: AMEX GOLD C/O was paid with PIF; but new AMEX GOLD has same Tradeline as C/O AMEX;


@cbspecial wrote:

Hello all I am back!

 

As explained in prior threads I PIFed an AMEX GOLD that was closed. AMEX offered new GOLD with different acccount number (last 5 digits were different) with a 2K limit. All is great!

 

PIFed account showed up as $0 Balance and Comments indicated "Paid in Full. Charged off".

 

When new AMEX GOLD first statement shows up on CR's it has the same Tradeline as the old account, with a balance over $500. The balance amount was accurate, however, the status of the account was "Charged off" and it indicated that I was 30/60/90 days late in the past. Also, it does not show up as a negative closed account anymore, however, it shows up as an open account.

 

I want to dispute it however, my concern is that AMEX will correct the tradeline to reflect the charged off account. Then add a new tradeline for the new account. My other thought is to dispute the account status and the late payment status only.

 

Should I come clean and get them to do it the right way, or take advantage of a chance to disappear a charge off.

 

What does the group think?


Call the Amex Credit Bureau department. 

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Message 4 of 4
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