Latest Posts
Home > Tag Archives: amex (page 3)

Tag Archives: amex

I Was Given an AMEX Card With The Business and My Name On It. – John

Ready to Collapse

“Dear Steve, A family member (father) owned a business that I helped operate for a short period of time. My sister worked in the office at this time. I was given a AMEX business credit card with the business and my name on it. Eventually, my father retired and closed the business. Soon there after, I learned that the card ... Read More »

    My Husband Died of Cancer and I’m Trying to Settle My Debt. – Dana

    Ready to Collapse

    Dana “Dear Steve, My husband died 2 months ago from cancer, so loss of income from social security of $1400 a month. Had over $100,000 in CC debt due to business. Business now in Chapter 11, so it can’t be repaid. Credit card debt w/ Bank of America settled for 27%, Chase settled for 35%. AmEx says 70% lowest they ... Read More »

      AMEX Won’t Accept My Settlement Offer. What Do I Do Now? – Michelle

      Ready to Collapse

      Michelle “Dear Steve, I had been an AMEX customer for years who always met my monthly obligations. My husband lost his job 2 years ago and because of the economy, has not been able to find another. His income was the primary income for our family. He started his own company at the end of 2007 and it is doing ... Read More »

        American Express is Suing Me. – Vince

        Ready to Collapse

        “Dear Steve, I have a $13,000 debt with AMEX that we have made monthly payments on until October 2009. As a result of being self employed and experiencing a poor 4th quarter in 2008 we have not been able to make the monthly payments on AMex as well as a several other credits cards equating to an additional $27,000. AMEX ... Read More »

          Can I Bypass United Recovery System to Deal With American Express On My Own? – Miranda

          Ready to Collapse

          “Dear Steve, Two cc’s- one for 8k (amex) 21k (BofA)- about 60 days past due. Saving cash (closed three 401k’s) for settlement on my own Amex has turned my account over to United Recovery Systems. They are rude, intentionally “stupid”, and can’t even make a decision without putting me on hold to “call Amex”. Can I bypass URS? I have ... Read More »

            I Was a Perfect American Express Customer and Now I Can’t Pay. – Isaac

            Ready to Collapse

            Isaac “Dear Steve, I have been w/ American Express for over 8 years… PERFECT! until october… as many other thousands or millions… Can’t pay and owe them around 35K… been making little payments every now and then but my situation is getting worse and worse… what can happen to me? What would you do? Isaac”   Dear Isaac, If you ... Read More »

              Can I Go Bankrupt in the U.S. Even Though I Live Outside the States Now? – Peter

              Ready to Collapse

              “Dear Steve, Used to live in the USA, moved to UK for work with intention of moving back to USA after visa re-issued. Due to financial climate never moved back to USA. Have an American Express credit card with a very large outstanding balance. Transfering money to the USA every month to pay the minimum, obviously no longer using the ... Read More »

                Is There Any Way to Settle Our Debts With AMEX and Beneficial? – Jennifer

                Ready to Collapse

                “Dear Steve, We got ourselves into trouble with credit cards, espeically with our amex and a beneficial loan which are 18000.00 combined. Our other loans/credit cards are one for 2k, one for 1300.00 and one for 2400. the payments on the first two are killing us financially each month. Is there a way to negotiate with the creditors (mainly amex ... Read More »

                  BB Owes American Express $40,000, She Can’t Pay It, Bill Collectors Are Starting to Call

                  Ready to Collapse

                  BB “Dear Steve, I’m in approximately $80,000 of credit card debt with an unfortunate and sudden drastic change in finances due to situations beyond my control. I owe American Express $40,000 along with other credit card debt. I have never been late on my payments except this month. American Express along with a few more creditors has already begun to ... Read More »

                    We Just Got a Summons to Appear in Court From American Express. – Nathan

                    Ready to Collapse

                    “Dear Steve, Help. My Wife and I just received a summons to appear in court from American Express. We both had a decrease in income and admittantly ran our debt too high. Once we realized we were over our head, we began the process of working something out with all of our credit cards. American Express was the only one ... Read More »

                      American Express Cancelled My Card With Them Because My Mom Defaulted on Hers After 32 Years. – Carl

                      Ready to Collapse

                      Carl “Dear Steve, I earn 85K clear of tax per year, I have a total of 95K in unsecured credit card debt, I am single and cover the expenses of my mother with a disabilty and she lives with me. My mother had an American Express charge card for 32 years, she made a few late payments recently so Amex ... Read More »

                        I’m Thinking of Using Debt Settlement to Clear Our American Express Debt. – Lynn

                        Ready to Collapse

                        “Dear Steve, A move from California to Texas (and a pay cut… though cost of living decreased, credit card bills/car loans did not!) is putting us in financial strain. We just had our second child and I am still paying on the medical bills 3 months later. We’re not yet *behind* on anything, but one of our bills is really ... Read More »

                          I Am in Debt to American Express And Being Sued By AMEX. – Linda

                          Ready to Collapse

                          Linda “Dear Steve, I have been a customer for 13 years. In that time my payments were never late. Dec. 2007, I was late. A customer rep called me and I handled it right away. (Late payment was the result of an unexpected death in immediate family.) As a result the interest rate was raised to the maximum 29%. This ... Read More »

                            American Express Earnings Drop 80%. Oh, Boo Hoo.

                            Ready to Collapse

                            American Express, AMEX, reported a 79% drop in earnings in the fourth-quarter. I rounded it up to 80% because it just made me feel better. Apparently American Express customers are defaulting at a higher pace than expected and the downturn in the economy has lead to financial hardship of many card members. Could that be because they were allowed to ... Read More »

                              How Can I Lower My Interest Rates or Eliminate or Consolidate My Credit Cards? – Anna

                              Ready to Collapse

                              “Dear Steve, I own a t-shirt printing/embroidery co. I used credit cards to expand because I couldn’t get the money I needed for cash flow. I was doing well and seem to be turning around but last year was difficult and I fell behind on a few payments & had late pays. I am collecting things to sell also making ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.