American Express Complaint - Amex-The Demise Of A Small Business
I have had an Amex since 1986 and had several platinum cards that I used for my small businesses. They started demanding huge minimum payments and then taking away the credit line so that the cards looked maxed out. Eventually, I had to stop paying their huge minimums especially without any additional credit available. I think they notify every one that you are behind and at your max....after Amex did this, it was like an avalance of a bad credit until I had to close the business 1 year ago. They are now suing me for some unGodly amount! They ruined my small business, my credit, and basically my lifes work. They are a powerful evil source of power; taking bail out money to only bail themselves and no one else...we are only a number...
.They are now forcing me into bankruptcy...thanks a lot American express, you should always leave home without it!
Sincerely frustrated, DebiJ
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