you will be reinstated if you send in payment immediately (American Express) because of good standing previously, is it real or just a way to collect, then deny your membership on some technicality?
2006-10-31 04:44:15 · 8 answers · asked by Jacy J 1 in Business & Finance ➔ Credit
Probably. But AmEx, don't you have to pay the balance immediately every month? If you really want to start building up your credit try Orchard Bank Visa Card. It was my first card.
2006-10-31 04:46:10 · answer #1 · answered by FaerieWhings 7 · 0⤊ 0⤋
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2006-11-02 08:45:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hey they want your money, so if you pay they are happy. And if you pay up in full, then they will be happy to give you more credit, because now you show that you can pay some more. You may want to consider credit counselling.
2006-10-31 12:47:21 · answer #3 · answered by xorosho 3 · 0⤊ 0⤋
They will try all different kinds of tactics and do whatever it takes to get there money. You should also be receiving alot of phone calls as well from different area codes and 800 numbers!
2006-10-31 12:48:56 · answer #4 · answered by HotInTX 5 · 0⤊ 0⤋
Oh, they'll reinstate you, at a huge interest rate to get you back in debt as quickly as possible.
2006-10-31 12:46:29 · answer #5 · answered by Kacky 7 · 0⤊ 0⤋
Their just trying to get you to pay!! even when you pay it will still come up on your credit! but it will come paid in full!! and how many times you were late. so it's up to others if they want to trust you again.
2006-10-31 12:52:35 · answer #6 · answered by Kas-O 7 · 0⤊ 0⤋
probably a way to collect what is owed...why would a person not pay their debt? make it right and do better next time...
2006-10-31 12:49:31 · answer #7 · answered by phyllis_neel 5 · 0⤊ 0⤋
id say its just a way to collect but why dont you just pay it anyway then thats one less bill on your hands
2006-10-31 12:47:19 · answer #8 · answered by sharon v 2 · 0⤊ 0⤋
Don't fall for this crap, it's a scam!!!
2006-10-31 12:55:35 · answer #9 · answered by nbr660 6 · 0⤊ 0⤋