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Amex reporting as installment....

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Anonymous
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Amex reporting as installment....

Hi all, just got a green Amex card. It is reporting on cr's as installment. Is this correct reporting?
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Anonymous
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Re: Amex reporting as installment....

Not necessarily, but if you already have a rack full of revolving accounts, AMEX reporting as an installment is probably doing you a favor.
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Anonymous
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Re: Amex reporting as installment....

1 month terms for the charge card-
 
This is how EXP knows it's not revolving as the don't have an "other"

scramblingin2007 wrote:
Hi all, just got a green Amex card. It is reporting on cr's as installment. Is this correct reporting?



Message 3 of 3
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