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Has anyone had success with contacting American Express directly about a payment plan or hardship plan? The person I spoke with today was very nice but said there wasn't anything she could do for me. But I'm going to call back and try and reach another department--not sure which one to ask for though.

Do most cc companies have internal hardship or dmp programs?




Resaerch AMEX's OASIS program. This will allow you to pay off a CO'd account and gain your positive history back.

Sub: #1 posted on Tue, 07/29/2008 - 03:57

NASCAR_Devil NASCAR_Devil
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thank you. I will do that later tonight. But does the account have to be charged off? Until next week, it's current. But won't be after that.

Sub: #2 posted on Tue, 07/29/2008 - 04:05

Unregistered


Oasis is for defaulted accounts. You can try contacting them and see if they will work with you before the account goes past due

Sub: #3 posted on Tue, 07/29/2008 - 04:33

NASCAR_Devil NASCAR_Devil
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I thought I had heard that the reason that American Express cards were the most prestigious and hard to get were because all AMEX accounts had to be paid off in full every month ... is that true or was that a credit urban legend?

Sub: #4 posted on Tue, 07/29/2008 - 21:59

smo65d11 smo65d11

(Posts: 1468 | Credits: 133.12)

They do have a couple accounts that you can carry a balance on but Green, Gold and Platinum are PIF monthly. Not sure about the new Plum. They also never forget, if they CO your account, you can neevr re-apply but they do have the Oasis tht will rehab a CO'd account. I think it has to be over $500 though to be considered. Anyone who is interested can contact the Oasis Dept:
American Express Oasis Program: 888-232-3261

Sub: #5 posted on Tue, 07/29/2008 - 22:15

NASCAR_Devil NASCAR_Devil
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thanks for this info. I googled them the other night but didn't get lots of information. I will try again now before heading to work. Can you tell me a bit about this program? Am I understanding correctly that this is an internal Amex program that will allow me to pay off my debt on my Amex card? I don't care if I ever have another Amex card again so that's not a concern. Does my account need to be in collections or charged off first?

Sub: #6 posted on Wed, 07/30/2008 - 18:08

Unregistered


I believe that this is for accounts that have been previously charged off. I am going to have my wife try this as well since hers was CO'd in late '03. Since your account is not yet in default, I just don't know.

Sub: #7 posted on Wed, 07/30/2008 - 18:46

NASCAR_Devil NASCAR_Devil
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(Posts: 4665 | Credits: 308.23)

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