Thread: Question to all the card closers

DON'T GIVE IT IF YOU ARE GOING TO TAKE IT AWAY

QUOTE (one-one @ Nov 16 2009, 08:39 PM) DW pays $68 per MONTH for hers and she doesn't talk on it as much as I do, but she has a really, really cool iPhone with lots of bells and whistles. I call her by her Indian name, "Distracted by Shiny Objects." Some of us Iphone users actually *use* it.. I cant VPN into my corp network, then open a 5250 emulation so I can log into the 400 @ the...

QUOTE (idon'twanna @ Nov 17 2009, 12:50 AM) So, to summarize … OP owes a lot of money on CC’s and on a home loan. The reason (presumably �" but I could be wrong) OP owes a lot of money on CC’s is because OP bought “stuff”. Some of the stuff OP bought was stolen from his home, but he still owes the CC’s money for that very same stuff and he still owes on his now upside-down mortgage. His insurance...

QUOTE (nothingtolose @ Nov 17 2009, 05:42 PM) It is my understanding that CLs of closed accts are not counted for util purposes. I was originally uncertain if they were or not but now that I am carrying very large balances on my closed cards and have paid some almost all the way off it is clear the credit limits ARE still being included. This is confirmed by my utilization figure on myfico.com almost exactly matching what I...

QUOTE (breeze @ Nov 16 2009, 05:26 PM) ...Do whatever you please, for whatever reason strikes you. well, i'd wager that's not the best advice to give someone looking to build their scores.... but hey, i could be wrong.

QUOTE (encoder @ Nov 17 2009, 09:21 AM) QUOTE (sonicanatidae @ Nov 17 2009, 12:10 AM) I cant VPN into my corp network, then open a 5250 emulation so I can log into the 400 @ the hospital on a prepaid POS. Not on a prepaid "POS" no. But there are a lot of prepaid phones that aren't a "POS" that you could run an SSH client on. But disregard prepaid... there are...

QUOTE (GEORGE @ Nov 16 2009, 12:24 PM) WHAT DID I DO (other than use the card and pay it off) Why do I need to get PUNISHED case in point...

QUOTE (toopooor @ Nov 16 2009, 03:35 PM) Good reasons to close are to avoid a rate jack or if the card has an AF. If one is going to sock-drawer the card anyhow, then who cares what the APR is since it will become a PIF card (if it was not already). Quite frankly, I don't care if re-pricing occurs as long as the card still has no A/F that cannot otherwise be overcome by maxing the rewards. The only closure that makes...

QUOTE (ademas @ Nov 16 2009, 02:29 PM) QUOTE (sonicanatidae @ Nov 16 2009, 12:20 PM) QUOTE (ademas @ Nov 16 2009, 02:18 PM) It is a bit of a "cut off your nose to spite your face" reaction. You can have very civil conversations with CSR's, supervisors, and u/w's, and make it crystal clear that you want to go on record that you are very unhappy with the CIT, and...

QUOTE (GEORGE @ Nov 16 2009, 09:24 PM) "CELL PHONES...I have seen those things around...do you give those out for free with your cards AND cover the monthly fees" You don't have to pay a monthly fee. I keep a cell phone for emergencies and keeping up with work stuff, it costs about $10 bucks a year. Prepaid account, no monthly fees, no credit check, no hassle. DW pays $68 per MONTH for...