AMEX Card Cancelled Help!!

Matt9701

Hello all,

I am new to this and have searched the site to little avail so if i am in the wrong area please excuse me!

I have recently had my AMEX cards cancelled thanks to a series of problems, in outline:

My Charge card defaulted for the first time in Aug (whilst i was Serving in Iraq - I am in the Army) i returned home on R&R on to find that as the Card defaulted Amex Cancelled the Direct Debit in Sep and called in the Debt Collectors in Oct.

i had 2x AMEX accounts 1x Credit Card and 1x Charge Card.

As soon as i got home and learnt of the situation i paid the outstanding debt from the charge card to the Debt collectors and informed the Debt Collection Agency that i was in negotiations with AMEX regarding the Credit Card account that had also been cancelled - even though i had continued to pay it by Direct Debit!!!!

I wrote to AMEX outlining the situation and hoped for a resolution to the issue - IE the reinstatement of my Credit Card (and hopefully the Charge Card)

I recieved a reply today stating that basically they would not reinstate the credit card and i would have to deal with the debt collection agency! The letter was 'fair' and addressed the majority of points i had raised, ie lenght of time with them, previous excellent repayment history, Being in Iraq and not being able to do anyting about it and not knowing etc. All to no Avail, in a nutshell, sorry, reapply in 2 years.

I now owe a Debt Collection Agency the 2500 owed on the Card plus a charge of around 450!!

I cannot afford to pay this back all at once!

is there any way i can 'force' AMEX to reconsider, any legal loopholes, or clauses Anything????

If not Can i "instruct" the debt collection agency that i cant afford to repay in one lump sum so will have to split the now 2950 into managable repayment ammounts?

They have already suggested that i "take out a loan to repay the ammount or apply for a credit card and do a balance transfer! - this seems pointless and as the bloody Debt Recovery Agency has black marked by Credit File i probably couldnt get one anyway!!!


Whats the best way to resolve this?
Any Advice Gladly recieved and actioned!!!


Thanks

Matt

Gorgeous_George

You could speak to your bank manager and ask for an overdraft facility or a personal loan. I'd move the debt as quickly as possible,.

Can SSAFA offer any help?

GG