AMEX reporting DOLA incorrectly

Discussion in 'Credit Talk' started by timmyq, Apr 22, 2003.

  1. timmyq

    timmyq Well-Known Member

    However this is in my favor. I have noticed for some time that the DOLA on this account says 11/1998 on my CR's. However I know that the DOLA for this account should be more like 4-2001. The issue for me is that this is a negative acct. and I recently received a settlement offer. I wonder if I should just settle since the account will fall off in 11/05 if they continue to report it this way. Anyone think they will ever update the DOLA? I'm a little confused why they keep reporting it this way.
     
  2. timmyq

    timmyq Well-Known Member

    I noticed that this account was reported as of 3/2003 as well so I think that there must be some screw up in their paperwork or something.
     
  3. marci

    marci Well-Known Member

    Why don't you negotiate payment for deletion?
     
  4. tr1252

    tr1252 Well-Known Member

    Speaking from experience, AMEX is very difficult to deal with regarding payment for deletion. They've given me the impression that they won't budge at all, even for FULL payment. If anyone has had better luck with them, I'd be interested in hearing about it.
     
  5. timmyq

    timmyq Well-Known Member

    I was under the impression that Amex was very difficult to negotiate with as well. Also, I've heard that I should just send payment to Amex itself and skip the CA. Will Amex accept the payment?
     

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