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Tag Archives: american express card

Should I Quit Paying Bank of America For My American Express? – Becky

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“Dear Steve, I have a BOA American Express card that was originally about $500.00 – I’ve paid every month and for the past 4 years made no new purchases. Interest rate is 25.99% and with all the monthly late fees / interest rate my balance is almost $2k. I’m falling further into debt with this one card and it has ... Read More »

Somali Pirates Are a Good Credit Risk. Maybe They Need An American Express Card?

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The hijacking and hijinks of the pirates in Somalia have been in the news. Apparently a new home based business has sprung up off the coast of Somalia as armed pirates board shipping vessels and hold the ship and crew for ransom. The hijackers have a favorite part of the coast to park their ships while they await the ransom ... Read More »

ML Writes In, “I Can’t Pay My American Express Card.”

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“Dear Steve, I am self employed and have lost an important account. I now cannot pay the minimum on my American Express card, which is $2,000.00. If I pay them I can’t pay my other expenses. Have you any ideas ?” Dear ML, Ouch! I know how much it hurts to lose a major account and have your income suddenly ... Read More »

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