Getting Another Credit Card After Paying Off a Delinquent Credit Card
Author: Grey
Posted: Sun Apr 02, 2006 8:32 pm
Post subject: "OASIS" program offerd by NCO for Amex
Anyone ever hear of an "Oasis " program by Amex/NCO that supposingly allows you to get another account with Amex(I think an Optima) after you pay off a delinquent account?
THis has been offered to me but I think it is a tactic for full payment..I am paying in full anyways but wondered if this was a true "deal" offered by Amex
Thanks in Advance
Grey
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Author: TomfromCT
Posted: Sun Apr 02, 2006 9:27 pm
Post subject:
never heard of it but it would capture my interest for sure
_________________
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Author: mouse
Posted: Sun Apr 02, 2006 9:53 pm
Post subject: Re: "OASIS" program offerd by NCO for Amex
Grey wrote:
Anyone ever hear of an "Oasis " program by Amex/NCO that supposingly allows you to get another account with Amex(I think an Optima) after you pay off a delinquent account?
THis has been offered to me but I think it is a tactic for full payment..I am paying in full anyways but wondered if this was a true "deal" offered by Amex
Thanks in Advance
Grey
OASIS is real
THEIR CALL...NOT YOURS
You don't ask them...THEY ASK YOU
(as far as I know)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Thu Apr 06, 2006 5:16 pm
Post subject: Getting Another Credit Card After Paying Off a Delinquent Credit Card
Yes, what they are doing it making a new contract and renewing the statute of limitations. But since you are paying anyway, it is a benefit to you then to have a new account to start over with and rebuild.
Capital One has been using this tactic for a few years now, and I am sure that more are yet to follow.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Author: TomfromCT
Posted: Thu Apr 06, 2006 8:42 pm
Post subject:
Cap 1 did this with me......and it worked out great for Cap 1 AND me!
But my amex stuff is 9 yrs old.....i doubt it will be offered to me
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun Apr 02, 2006 8:32 pm
Post subject: "OASIS" program offerd by NCO for Amex
Anyone ever hear of an "Oasis " program by Amex/NCO that supposingly allows you to get another account with Amex(I think an Optima) after you pay off a delinquent account?
THis has been offered to me but I think it is a tactic for full payment..I am paying in full anyways but wondered if this was a true "deal" offered by Amex
Thanks in Advance
Grey
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: TomfromCT
Posted: Sun Apr 02, 2006 9:27 pm
Post subject:
never heard of it but it would capture my interest for sure
_________________
Humor free posting since June, 2006
Avg FICO 738
2 reports full of perfection
1 report with 1 derog.
Author: mouse
Posted: Sun Apr 02, 2006 9:53 pm
Post subject: Re: "OASIS" program offerd by NCO for Amex
Grey wrote:
Anyone ever hear of an "Oasis " program by Amex/NCO that supposingly allows you to get another account with Amex(I think an Optima) after you pay off a delinquent account?
THis has been offered to me but I think it is a tactic for full payment..I am paying in full anyways but wondered if this was a true "deal" offered by Amex
Thanks in Advance
Grey
OASIS is real
THEIR CALL...NOT YOURS
You don't ask them...THEY ASK YOU
(as far as I know)
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Thu Apr 06, 2006 5:16 pm
Post subject: Getting Another Credit Card After Paying Off a Delinquent Credit Card
Yes, what they are doing it making a new contract and renewing the statute of limitations. But since you are paying anyway, it is a benefit to you then to have a new account to start over with and rebuild.
Capital One has been using this tactic for a few years now, and I am sure that more are yet to follow.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Author: TomfromCT
Posted: Thu Apr 06, 2006 8:42 pm
Post subject:
Cap 1 did this with me......and it worked out great for Cap 1 AND me!
But my amex stuff is 9 yrs old.....i doubt it will be offered to me
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!







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