Author Topic: Amex Closed Accounts  (Read 14824 times)

Offline ludmila

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Re: Amex Closed Accounts
« Reply #30 on: April 05, 2019, 05:41:05 PM »
Someone just sent me the same. Unclear.
Was this a balance from swiping? Does it show settled without the card holder paying off the balance? Were the accounts closed?
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Offline gingyguy

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Re: Amex Closed Accounts
« Reply #31 on: April 05, 2019, 05:42:07 PM »
If yes where do I sign up ;D
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Online davidrotts63

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Re: Amex Closed Accounts
« Reply #32 on: April 05, 2019, 05:43:13 PM »
Was this a balance from swiping? Does it show settled without the card holder paying off the balance? Were the accounts closed?
His was $430...
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Offline LoLo

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Re: Amex Closed Accounts
« Reply #33 on: April 05, 2019, 05:44:11 PM »
Related to the swiping schemes?

Offline ludmila

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Re: Amex Closed Accounts
« Reply #34 on: April 05, 2019, 05:44:51 PM »
His was $430...
$430k? Was account shut down? Showing settled to me means that it is paid off. No?
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Offline ludmila

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Re: Amex Closed Accounts
« Reply #35 on: April 05, 2019, 05:45:38 PM »
Related to the swiping schemes?
I really really doubt Amex will let these go.
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Online davidrotts63

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Re: Amex Closed Accounts
« Reply #36 on: April 05, 2019, 05:45:53 PM »
$430k? Was account shut down? Showing settled to me means that it is paid off. No?
No. $430 total. IINM it's still open.
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Offline hvaces42

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Re: Amex Closed Accounts
« Reply #37 on: April 05, 2019, 05:46:14 PM »
Related to the swiping schemes?
Yes a 11213 account. Shows this balance. Account closed. Very weird.
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Offline LoLo

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Re: Amex Closed Accounts
« Reply #38 on: April 05, 2019, 05:46:24 PM »
Wondering if something was settled behind the scenes.

Offline gingyguy

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Re: Amex Closed Accounts
« Reply #39 on: April 05, 2019, 05:49:30 PM »
Wondering if something was settled behind the scenes.
Straight with Amex leaving out the swiper? Hard to believe
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Offline LoLo

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Re: Amex Closed Accounts
« Reply #40 on: April 05, 2019, 05:50:55 PM »
The AHs don't have the funds, and Amex knows it.

Still hard to believe, agreed.

Offline ludmila

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Re: Amex Closed Accounts
« Reply #41 on: April 05, 2019, 05:57:09 PM »
The AHs don't have the funds, and Amex knows it.

Still hard to believe, agreed.
+1 These banks do not care if they have the funds or not, they will do whatever they can to collect.
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Offline AJK

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Re: Amex Closed Accounts
« Reply #42 on: April 05, 2019, 06:02:16 PM »
Seen this recently for millions in charges. Not sure what to make of it, but I think it very unlikely that Amex is simply going to walk away from these amounts.
« Last Edit: April 05, 2019, 06:05:48 PM by AJK »
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Offline ludmila

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Re: Amex Closed Accounts
« Reply #43 on: April 05, 2019, 06:04:37 PM »
Seem this for millions in charges. Not sure what to make of it, but I think it very unlikely that Amex is simply going to walk away from these amounts.
Correct, from what I read is Amex is the toughest to settle with on unpaid balances.
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Offline Dan

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Re: Amex Closed Accounts
« Reply #44 on: April 05, 2019, 06:05:45 PM »
What does this mean? Does this person have to pay or not?
Sounds like no.
What happened?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.