“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 …
“Dear Steve, I own a home based business (S corporate in CA). Since the begining of the year, I’ve been make less than previous year. Hoping it would change, I used my AMEX to make up for the difference….You can figure out the rest. My bill of 40K+ is due in a couple of days …
“Dear Steve, I had an American Express business account. I ran it up to $2000 when my husband was in the hospital for 4 months and couldn’t pay it all at once. I finally paid it off in about 2-3 months. When I paid it off completely, they cancelled my card. They said the reason …
As part of a reengineering plan, American Express plans to cut some 7,000 jobs, or about 10% of its work force, the company said Thursday morning. The company will cut staffing levels, reduce compensation, lower operating costs, and scale back its investment spending. "We’ve been engaged for the past few months in an intensive, companywide review of priorities and staffing levels," said Kenneth
“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 …