Stop harassment from American Express forever
There are only a few other things in life that have the potential to be more stressful than receiving stressful calls from American Express because you don’t have sufficient resources to resolve your debts for good.
If you cannot meet your monthly financial obligations, you may not be able to meet your family’s basic needs as well. Consequently, your credit score may drop drastically, making it extremely difficult to perform simple financial transactions like securing a loan, renting an apartment, or even getting fair interest rates on your loan, which only clouds up your financial future.
The good thing is that it doesn’t have to end there: there is good news. The government has put laws such as the FDCPA (Fair Debt Collection Practices Act), TCPA (Telephone Consumer Protection Act), and the FCRA (Fair Credit Reporting Act) in place to ensure that debt collectors treat you with respect in the context of debt collection. If American Express has violated your rights to intimidation-free debt collection, you can sue them and receive compensation ranging from $500 – $1500 for each harassment charge.
Let us now look into what the consumer-friendly laws say.
What do the consumer-friendly laws say about your case with American Express?
The FDCPA puts debt collectors like American Express in check by preventing them from being able to carry out a number of unethical and harmful practices, including repeatedly contacting you by phone, showing up at your workplace, and revealing details of your alleged debt to an unauthorized third party.
If a debt collector contacts you, the FTC recommends talking to them at least once to try to resolve the matter. If that proves to be ineffective, or if the debt collector keeps infringing on your rights, it is in your best interest to contact a consumer rights attorney. Call an A+ accredited consumer rights attorney now on 844-791-1990 or read more about your FDCPA rights here.
Similarly, the TCPA makes it clear that it is illegal for anybody to contact you without first gaining your prior consent. If you (or a loved one) are getting harassed by American Express due to the many badgering and unwanted phone calls, you can seek the help of a TCPA lawyer or a professional who understands TCPA guidelines.
You maybe entitled to $500 in damages for each verified violation claim. Read more about how to stop excessive calls from American Express here.
According to the FTC (Federal Trade Commission), 5 percent of Americans have one or more errors on the credit reports prepared for them by the three major credit bureaus. This makes it doubly important to look through your credit report and ensure that there are no errors stated there.
After disputing an erroneous credit report with the credit reporting agencies, you have a right to sue them if it still doesn’t get fixed. Read more about your credit score and how to dispute a credit report and win here.
About American Express
American Express is considered the fourth largest general-purpose credit card issuer on a global basis based on purchase volume, and on the number of cards the company has in circulation. The company provides payment, travel, and expense management solutions for individuals and businesses of all sizes. American Express credit cards account for nearly one-quarter of all credit card spending in the United States. These statistics surpass that of any other credit card issuer.
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Popular Lawsuits by American Express
It is a proven fact that credit cards make modern life so much easier, but what many consumers don’t realize is that they can also make life a lot more difficult.
In 2017 Mickey Rourke was sued by American Express for delinquent debts in excess of $51,000. In a 2009 interview, he owned up to the fact that he had never had such a healthy relationship with money. He evidently was speaking truthfully about his lack of proper knowledge about handling money because he ignored the lawsuit, and American Express received a judgment that was in their favor.
Similarly, Courtney Love was used for an excess of $350,000 by American Express across three cards in her name. The largest balance (nearly $280,000) was followed by two smaller ones of approximately $70,000 and almost $4000. She filed a counter suit in which she claimed that American Express issued cards without her consent and that she did not owe them anything.
What if you are sued by American Express?
Getting sued by a giant company like American Express can be all shades of unsettling. If you receive a court summons from American Express, the worst thing you can do is to ignore it, as this may lead to a default judgment being leveled against you.
The following are steps you may take if American Express is suing you over your defaulted payments:
- Get in touch with your creditor before the hearing begins and try to get them to agree to set up a payment plan where you make regular, affordable payments on the bill until you pay it off.
- Opt for debt settlement on a reasonable repayment plan.
- If you feel you don’t owe this debt, ask American Express to prove that you do.
- Verify that the details regarding the debt are accurate.
- Contact a qualified attorney as soon as possible. Call us now on 844-791-1990 and we will be happy to advise you about all your options.
About Telephone Harassment
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American Express BBB Information
BBB file opened: 4/12/1999
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BBB Rating: A+