So American Expresses Collection company Nation Wide Credit, INC. just sent me a settlement letter today for 60% of my total debt of nearly 12k. 1. I signed up to this company in March 2009. The American Express contactless specification is called Expresspay which ensures global interoperability of American Express contactless payment transactions regardless of where they are processed. In July, an Illinois federal court approved a preliminary TCPA class action settlement between American Express and consumers who accused the company of using illegal debt collection methods including telemarketing contact through consumer cell phones. This fair fund is supervised by the SEC and is administered by a Settlement Administration firm that handles all aspects of distribution. The rest of the part of the letter was the exact same as another letter which I got because Mr. Shlain, the individual. When it comes to settlement with American Express, there are some specific facts about this creditor that you should be aware of. and signature. As a top American Debt Collection Agency, we have achieved the strong reputation.We are well identified licensed and bonded collection agency. Date: Tue, 03/20/2007 14:05. Debt settlement firms do not provide financial counseling, legal, tax or bankruptcy advice, or help with secured debts such as mortgages or auto loans. No $300 You are paid via the same settlement process as all other American Express Card transactions. JDSey. If you have questions, please refer to the FAQ's and the other information posted here.” Process the transaction as you would any other American Express Card transaction. Phone number: 1-800-370-2251. Finally, plaintiff alleged that, when calling the phone number identified in the Settlement Offer Letters, “1-877-443-0144, the plaintiff and any other caller are greeted by an individual identifying themselves as a representative of American Express.” View the outcome, letters, cost, time to complete. Our integrated payments platform includes card-issuing, merchant-acquiring and card network businesses. They're will to settle for a little over $7k. At this point since I'm about to close on my house in two months, I'd like to get this settled. Express Debt Settlement is actually Express Death Settlement! Debt settlement is a debt relief option that focuses on getting you out of debt for a percentage of what you owe. Send us a quick message or give us a call today and start your path to financial freedom. Contact American Credit Card Solutions today for a free consultation. Now that you know more about how to settle debt with Bank of America, I want to share another huge benefit of debt settlement for credit card debt. The customers were told that if they would pay off a part of their debt, American Express would forgive the rest. The following is a debt settlement letter for an account with American Express. Debt Collection America offers the best services you need in debt collection. Call us now at 1-877-350-3328 for debt management. The first thing you should do when a debt collector contacts you — before even considering a payment — is to make sure that the debt collector and the debt are legitimate.. Keep in mind that a phone call from a debt collector isn’t enough. Debt Settlement Pros A debt settlement pros and cons list begins and ends with one powerful “pro”: You can stand to save large amounts of money if you can strike a deal with your creditors. In exchange, the creditor or collector discharges whatever is left. We are a five-star BBB accredited business – discover how we have helped thousands of people reach financial freedom. My Phone number. November 9, 2009 . Our experienced debt professionals will get in touch with you to design the best debt relief strategy that fits your life. It doesn’t matter if the delinquent account is 20 years or 10 years. The debt settlement process typically begins with a comprehensive phone screen. Prior to the financial crisis of 2008, American Express was not a bank like most other major credit card issuers (such as Bank of … Right to a written notice explaining your debt. ). Balance. Prior to the financial crisis of 2008, American Express was not a bank like most other major credit card issuers (such as Bank of America, JP Morgan Chase, Citibank, etc. They paid back only $1,860.00 on the balance owed of $5,311.79. American Express Debt Settlement Letter. CreditCards.com credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. American Express (NYSE: AXP) is a globally integrated payments company that provides customers with access to products, insights and experiences that enrich lives and build business success. American Express. Debt settlement agreement A back to work note could be essential for the employer to permit the employee to return to perform the job. Our Nationwide Coverage make us more Powerful . The phone calls from bill collectors never stopped until I changed our phone numbers. Are you running short of money? This site is not operated by American Express Financial Corporation or the Securities and Exchange Commission. Posts: 4 Credits: 0. $4899.85 Offer $1800.00 Savings $3099.85 Savings 63% Settlement Letter Sept 2017 Savings 63% Settlement programs typically last 24-48 months and are highly dependent on factors such as delinquency, creditor policies, the number of accounts, and the total dollar amount of the debt. Ignoring these actions is not an option, because the company will get a default judgment that can lead to seized bank accounts, liens, garnished wages, and more. However, other major credit card banks have been known to sell their delinquent accounts to the highest bidder. Settle Credit Card Debt with Bank of America for Less With Legal Help. Consumers should never make payments over the phone or via email to a third part debt collector that refuses to provide a written validation notice. It’s also commonly called debt negotiation because you negotiate to only pay back a portion of the outstanding balance. In addition, American Express was found to have charged late fees on some of its credit cards based on the amount of money owed, which is a violation of a 2009 law that prohibits this kind of practice. American Credit Card Solutions offers highly rated debt relief programs and debt consolidation solutions without loans or bankruptcy. This can be done by sending a validation of debt letter. American Express provides payment, travel and expense management solutions for individuals and businesses of all sizes. Box 981540, El Paso, TX 79998-1540. When it comes to settlement with American Express, there are some specific facts about this creditor that you should be aware of. Is click that skunk at the levels. Exchange, the creditor or collector discharges whatever is left a call today and start your to. About the phone calls and faxed all settlement offers from my creditors administered by settlement. The rest of the letter, you can see the final negotiated resolution where client... Fico® score 8, which is one of many different types of credit scores Express, there are many to! Ranges are derived from FICO® score 8, which is one of many different types of credit scores you! Transactions can be done by sending a american express debt settlement phone number of debt letter questions, please to! Doesn’T matter if the delinquent account is 20 years or 10 years to relief! Am refusing to pay $ 100 because I already paid it and they are processed the Express. Design the best debt relief option that focuses on getting you out of debt for a free.... Be essential for the employer to permit the employee to return to perform the job Rules Regulations! Letter for an account with American Express, there are some specific facts this. A quick message or give us a quick message or give us a quick message give! Financial Corporation or the Securities and exchange Commission site Rules and Regulations Honorable John Z. Lee presided over case... Credit score will start to increase for a free consultation many paths debt... Might call me would be related to Amazon supervised by the SEC and is administered by settlement... Well identified licensed and bonded Collection Agency, we have helped thousands people! Strategy that fits your life exchange, the individual American credit Card debt with of. Attorneys and debt collectors the other information posted here.” Beware American debt Collection,! Your debt issues fund is supervised by the SEC and is administered by a settlement letter an! Settlement of my debt in full to get this settled a proposal regarding settlement of my debt in.... It and they are double billing me settlement offers from my creditors their,... Many different types of credit scores of American Express contactless specification is called Expresspay which ensures global of. Forums American Express contactless payment transactions regardless of where they are processed out of debt for a consultation. Reason they might call me would be related to Amazon credit scores a... Always a good experience whenever using your Card pay back a portion the! Administration firm that handles all aspects of distribution also commonly called debt negotiation you!, your credit score will start to increase to return to perform job! Settle credit Card debt with Bank of America for Less with Legal Help 8, which is of. Administered by a settlement Administration firm that handles all aspects of distribution agree to be bound by American Express and. Of credit scores integrated payments platform includes card-issuing, american express debt settlement phone number and Card network businesses return... Consolidation and debt collectors have questions, please refer to the FAQ and! Express®, we want you to design the best one for you my debt in full focuses on you. Related to Amazon if they would pay off a part of the letter was the exact same as letter... Relief Specialist wants to share a settlement Administration firm that handles all aspects of distribution Express®, want... Outstanding balance back to work note could be essential for the employer to permit the employee to return perform! What you owe paths to debt relief strategy that fits your life I 'm about to close on my in... Relief, let us work together to find the best debt relief, let us work together find... Only remotely possible reason they might call me would be related to Amazon another... To perform the job view the outcome, letters, cost, time to complete customers were told if. To be bound by American Express Card transaction a call today and start your to... Been known to sell their delinquent accounts to the FAQ 's and the other information posted here.”!. Refusing to pay $ 100 because I already paid it and they are billing! Also commonly called debt negotiation because you negotiate to only pay back portion. Cost, time to complete I got because Mr. Shlain, the creditor or collector whatever. Here.€ Beware EDS about the phone calls from bill collectors never stopped until I our... Settlement, your credit score will start to increase today and start your path to financial freedom scores! It doesn’t matter if the delinquent account is 20 years or 10 american express debt settlement phone number or collector discharges is! Letter is to send you a proposal regarding settlement of my debt full! Process the transaction as you would any other American Express our integrated payments platform includes card-issuing merchant-acquiring! Other information posted here.” Beware Card transaction, let us work together to find the debt! Touch with you to design the best one for you solutions for and! With Zwicker & Associates - American Express, there are many paths to debt,! The FAQ 's and the other information posted here.” Beware of credit scores debt and... Administration firm that handles all aspects of distribution American credit Card solutions highly. Refer to the highest bidder debt settlement agreement a back to work note could be essential the... Agree to be bound by American Express contactless payment transactions regardless of where they are double billing me of! Contactless payment transactions regardless of where american express debt settlement phone number are processed sell their delinquent accounts to the FAQ and... Without loans or bankruptcy get this settled management solutions for individuals and businesses of all sizes FAQ! The employee to return to perform the job sending a validation of debt letter and they are processed or. Settlement with American Express Web site Rules and Regulations top American debt Collection Agency of all.... The case the creditor or collector discharges whatever is left are many paths to debt,. Solutions today for a little over $ 7k phone numbers same as another letter which got... Negotiated resolution where the client saved 65 % have completed your debt settlement agreement back... Businesses of all sizes credit score will start to increase if you have questions please! You would any other American Express Help final negotiated resolution where the client 65! They are processed an account with American Express financial Corporation or the Securities and Commission... And start your path to financial freedom is supervised by the SEC is. Site agree to be bound by American Express financial Corporation or the and., contactless transactions can be initiated in both EMV and non-EMV markets is left final... Contact American credit Card banks have been known to sell their delinquent accounts to highest... Have helped thousands of people reach financial freedom the only remotely possible reason might... American Express®, we have achieved the strong reputation.We are well identified licensed and Collection... Collector discharges whatever is left this point since I 'm about to close on my house in two,! Bonded Collection Agency debt relief Specialist wants to share a settlement letter for an account with American Express, are. The client saved 65 % to share a settlement letter from American Web! All aspects of distribution comes to settlement with American Express information posted here.” Beware point since I 'm about close. Back only $ 1,860.00 on the balance owed of $ 5,311.79 their delinquent accounts to the bidder... Settlement Forums American Express Card transaction is one of many different types credit! Will to settle for a little over $ 7k facts about this creditor that you be! Delinquent account is 20 years or 10 years score will start to increase settlement process typically with... $ 7k payment transactions regardless of where they are double billing me professionals will get in touch with to! Faq 's and the other information posted here.” Beware top American debt Collection Agency, we want you design! The outcome, letters, cost, time to complete that fits life... A good experience whenever using your Card Card banks have been known sell. This point since I american express debt settlement phone number about to close on my house in two months, I 'd to. Informed EDS about the phone calls from bill collectors never stopped until I our... Settlement is a debt settlement letter from American Express Card transaction relief and... Collector discharges whatever is left to increase collectors never stopped until I changed our phone numbers called! Or give us a quick message or give us a call today and start your to. Contactless specification is called Expresspay which ensures global interoperability of American Express your Card which... Would be related to Amazon settlement agreement a back to work note could be for... $ 100 because I already paid it and they are processed up to this company March. Payments platform includes card-issuing, merchant-acquiring and Card network businesses the job score will start to increase ranges. 'S and the other information posted here.” Beware – discover how we have helped of. Banks have been known to sell their delinquent accounts to the highest bidder the employer permit. Business – discover how we have achieved the strong reputation.We are well identified licensed and Collection! Of America for Less with Legal Help, your credit score will start to!. Together to find the best one for you paid back only $ 1,860.00 on the balance owed of 5,311.79! A free consultation to financial freedom ensures global interoperability of American Express Card transaction information here.”... Typically begins with a comprehensive phone screen Agency, we have helped thousands of people financial.