Hello to all, Has anyone had any success with Amex using this program. Do they do payments or one lump sum or any type of settlement terms? Thanks!
works great.... You pay it off in a lump sum and your credit is 1/2 of what you owed. No credit limit increase for 1 year, but who cares? Its an Amex Optima...! It took about 5 months after I had paid off my account to recieve my card... hopefully you don't have to wait like I did...
OK, so that means 11 more months before you switch to the unsecured. Do you think they will give unsecured after 6 months or so with timely payments? Do you know if they will switch you to Optima unsecured or a green card?