@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Well as soon as I get my current utilization under control which would be no balances on those two evil cards (credit one and first premier) and under 10% on my Barclay I am planning to tackle those two Charge Offs with my primary focus being on Amex as I want back in with them at some point in time and Ill pay off my Macys too.
Should I wait for both of those to drop off before I call them and pay them off?
That would give you more negotiating power.Thanks NormanFH! I dont think I will negotiate with Amex. Im sure in order to get another card with them I will probably have to pay in full unless I luckily slip thorugh the cracks like some people have. Im not in a huge rush as the fall off date is soon and Im still paying down stuff to get my current utilization under control!
Amex has a program where they will give you a new card and set you up on a payment plan. I forgot the full scope but at certain points your balance is activated and it rises when it is completely paid off. I think it is called Second opportunity.
Make all the card report 0 and one make it report 1to 10% you will see a great impact also try to pay off only the card and just charge 10 dollars to one card before closed
Starting Score: 640
@reneasworld wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Well as soon as I get my current utilization under control which would be no balances on those two evil cards (credit one and first premier) and under 10% on my Barclay I am planning to tackle those two Charge Offs with my primary focus being on Amex as I want back in with them at some point in time and Ill pay off my Macys too.
Should I wait for both of those to drop off before I call them and pay them off?
That would give you more negotiating power.Thanks NormanFH! I dont think I will negotiate with Amex. Im sure in order to get another card with them I will probably have to pay in full unless I luckily slip thorugh the cracks like some people have. Im not in a huge rush as the fall off date is soon and Im still paying down stuff to get my current utilization under control!
Amex has a program where they will give you a new card and set you up on a payment plan. I forgot the full scope but at certain points your balance is activated and it rises when it is completely paid off. I think it is called Second opportunity.
I've heard it referred to as their "Oasis" program.
@reneasworld wrote:
@Momof5 wrote:If your baddies are set to drop off in the last quarter, I would ask TU for an early exclusion in June and ask EQ and EX in August.
I have seen the b term "early exclusion"lately. How does this happen. I have an old mortgage accountil which we did a short sale. On tu and eq, it has been removed but exp says it is schedule for august. Is there any way to get that done now
You call and ask for it 2-3 months in advance of its scheduled drop
@Anonymous wrote:
@reneasworld wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Well as soon as I get my current utilization under control which would be no balances on those two evil cards (credit one and first premier) and under 10% on my Barclay I am planning to tackle those two Charge Offs with my primary focus being on Amex as I want back in with them at some point in time and Ill pay off my Macys too.
Should I wait for both of those to drop off before I call them and pay them off?
That would give you more negotiating power.Thanks NormanFH! I dont think I will negotiate with Amex. Im sure in order to get another card with them I will probably have to pay in full unless I luckily slip thorugh the cracks like some people have. Im not in a huge rush as the fall off date is soon and Im still paying down stuff to get my current utilization under control!
Amex has a program where they will give you a new card and set you up on a payment plan. I forgot the full scope but at certain points your balance is activated and it rises when it is completely paid off. I think it is called Second opportunity.I've heard it referred to as their "Oasis" program.
Yes it is the Oasis program. Just phone AMEX at 877-443-0144 or 800-921-6490. Tell them you want to enroll in the program. If accepted, you will receive a new credit line at 50% of your original (defaulted) credit line. Good luck.
@surferchris wrote:
@Anonymous wrote:
@reneasworld wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Well as soon as I get my current utilization under control which would be no balances on those two evil cards (credit one and first premier) and under 10% on my Barclay I am planning to tackle those two Charge Offs with my primary focus being on Amex as I want back in with them at some point in time and Ill pay off my Macys too.
Should I wait for both of those to drop off before I call them and pay them off?
That would give you more negotiating power.Thanks NormanFH! I dont think I will negotiate with Amex. Im sure in order to get another card with them I will probably have to pay in full unless I luckily slip thorugh the cracks like some people have. Im not in a huge rush as the fall off date is soon and Im still paying down stuff to get my current utilization under control!
Amex has a program where they will give you a new card and set you up on a payment plan. I forgot the full scope but at certain points your balance is activated and it rises when it is completely paid off. I think it is called Second opportunity.I've heard it referred to as their "Oasis" program.
Yes it is the Oasis program. Just phone AMEX at 877-443-0144 or 800-921-6490. Tell them you want to enroll in the program. If accepted, you will receive a new credit line at 50% of your original (defaulted) credit line. Good luck.
Yeah I may try that after it falls off my report or after I get the utilization on my current TL's down. Kinda want to see where my score is going to be sitting once I get my current TL's in order. Eitehr way Im gonna pay off Amex just so im not longer on their black list. Ive heard that the Oasis programs only down fall would be that you cant get their "reglaur cards" while holding the "Optima" card; Ive seen conflicting info on that though. So we shall see how this all plays out in a few months. If anyone out ther has ever been in the Oasis Program though Id love to hear from you and get your thoughts.