Actual American Express Card Cancellation Complaints

Actual Consumer Complaints About Closed American Express Cards The information below is from actual consumer complaints reported to the Consumer Financial Protection Bureau (CFPB). The list is the last 107 complaints listed by the CFPB as of the date of my post, American Express is One Day Away From Cancelling Your AmEx Card. The data … Read more

Amex is Refusing My Settlement Offer. What Now? – Jenie

“Dear Steve, Amex balance of $15,000. Originally, my monthly payments were $400 and then out of nowhere, they closed my account, but funny how my statements always reflected “open spending account”. A few months later, they raised my interest rate. I stopped paying because the payment was too high. I have been summoned, and called … Read more

My Square Account Got My American Express Card Cancelled. – Chris

“Dear Steve, I live in Virginia. Yesterday I received a call from AMEX Financial Review office because they state I had been using my square device to “lend me some monies” from all 3 cards and this is a NO-NO. I did not know I explained but said nothing else. They want me to have … Read more

I Was a Dumbass That Has Poor Money Management. Now American Express is Suing Me. – Jasper

“Dear Steve, First, thank you for volunteering your time, knowledge and past experiences with dumb**ses like me who used poor money management in the past and are now paying for it. I’ve read thru much of your site and found many helpful pages in preparing me to get back on track, especially the 7 stages … Read more

I’m Thinking of Bankruptcy Because of American Express. – Kendra

“Dear Steve, 8 years ago I got an American Express Card. Silly me. Got laid off… couldn’t afford to pay on the measly 300 i owed, I fell behind once and they charged me ridiculous fees, fell behind again…now because of the fees, and not paying…they start hitting me over the limit fees. I called … Read more

My Business Work is Dead and I Defaulted on My American Express Card. – John

“Dear Steve, i’m a contractor that used my amex c.c. for business. work is dead and i defaulted on paying the balance. I am asked to sign an agreement from a law firm and pay 2,000 up front on a 6,000. balance and they are adding about 800.00 in court apperance fees,though we havn’t gone … Read more

I Was Making Payments to American Express and They Are Now Threatening to Sue Me. – Gracie

“Dear Mitch, My financial life is too horrible to go into, has been since 2001 and as a result, what once I could pay I now can’t. I had 2 American Express cards that I have been making good faith payments on each month and have been for some time. Now I’m being sued by … Read more

Second Annual Small Business Saturday Could Mean Deal For American Express Cardholders

November hosts Small Business Saturday! Never heard of it? Me either. But apparently in honor of the day which is dedicated to small businesses on the busiest shopping weekend of the year the Better Business Bureau (BBB) is urging consumers to support the day and attempting to spread awareness. “For the second year in a … Read more

American Express Targets Whippersnappers With FourSquare Credit Deals

It was only a matter of time before credit card companies entered the location-based, social media scene. It was announced today that American Express and Foursquare have officially teamed up. I remember when Foursquare hit the scene back in 2009. “This is stupid” I said. “Why would I want anyone to know where I am? … Read more

CareOne Said They Could Not Help Me With My Amex Debt. – Chris

“Dear Damon, Credit Card debt accumulated, fast and i couldnt keep up. Felt helpless with the other bills so I put my resources to living expenses and car payments. Amex and BOA fell far behind and I just felt overwhelmed with the numbers. Now Amex has filed suit against me in Michigan. I owe between … Read more

NCO is Offering Me a Settlement On My Amex Card. Is It a Good Deal? – Wayne

“I am a self employed contractor in 2008 things went south . I owed amex approximately $32,000 have payed it down to $1608.94 with some interruptions . I was turned over to NCO Financial and have been making aggred upon payment for about 10 months. NCO called and offered a settlement for $5,000 out of … Read more