Uh oh, I just got my cards but I did make a purchase with one (for x-mas) before the card actually arrived. Does this mean I won't be able to combine?
just combine it. Sometimes they'll try to stick you with the annual fee.. Do it quick, right now if possible.
Do This!!!!!!!!!!!!!!!!! Apply First USA Bank One Wachovia then Combine First Usa owns all of them!!!!!!!!!!!!!!!!!!!!
Excessive use of "!"s doesn't explain why ANYONE would want to take a hit with multiple hard inquiries, only to be considered for cards issued by 3 divisions owned by the same inferior lender. First Scams web site: http://fusa1.tripod.com Saar
It works for me Fusa 25 k Wachovia 22k Bank One 22k combined immediately current credit line 69K Current terms : 0 % till june 2001 then 9.9 I'll spend 3 inquires for 69k of credit at those tems anytime. Have another 20 k card with USA I had for 3 years 9.9 fixed with lots of b/t offers and never had a problem. I always have lots of available credit with them and other banks though. Maybe thats why i've had good luck with them.
Mosdef yes but you may need to get your scores up a little first. They normally hit equifax and I think you need about 725. My lowest beacon was a 749 when they hit. Good luck!
SAAR Checked out the First Scams sight. Unfortunately none of these comsumers posted the "adverse reasons" for the rate increase. They are entitled to these by written request as per FCRA. Without that information I cannot comment on their situtation. Unfortunately, almost any bank has the legal right to make such account changes. Thats why it is very important that consumers. 1. Read the account terms disclosures throughly. If you don't understand the lanquage have it interpreted for you by someone that does understand. 2. Make sure that payments are received on time. I frequently call the bank a couple days before the due date to see if they received my payment. The bottom line is to make all payments on time, never go over limit, and have a high beacon score. Not easy for a lot of people I undestand that. I can name 10 banks that have raised interest rates to consumers that have no lates. IF YOUR RATES ARE RAISED DEMAND THE ADVERSE REASONS. Then you have something to go on if they are violating FCRA.
"None"? To say "none", you must have read the complaints. All 450 of them. Have you?! We are way above and beyond that level of argument. We've had countless posts on this board attesting to their usual jacking up of rates. No other "prime" creditor has ever got so much negative feedback here. For starters, look for F.USA posts by some of the old cannons of this board: J. Edgar and Doris K. These are people whose scores are well above 700 and have never missed a payment with F.USA. I can name 10 that haven't, which is enough for prime consumers not to have to deal with the other 10. Or better yet, if only one of your lenders does it, take your business elsewhere. You have nothing per FCRA, because they are not even required to pull your report before making changes to your account, and even if they did pull your report, they're not required to show you how (or whether) it affected your internal scoring with them. Cardmember agreements allow creditors to change your terms if they let you know in advance and if you have chosen to keep your account open. The best way to avoid dealing with deceptive business practices, is to avoid dealing with firms known to employ them in the first place. And if you still have the slightest doubt, how about 143 Epinion members who have posted reviews about F.USA, of which76% do not recommend them: www.epinion.com/finc-Credit-Cards-Standard-F-N-First_USA/display_~reviews/listype_~opnr Saar
I was able to get the Dividend Platinum Select, albeit with a low CL, but I was able to get it with my scores so hopefully I'll be fine for the combo.
quote: "None"? To say "none", you must have read the complaints. All 450 of them. Have you?! No I did not read all 450. The 50 that I did read did not have that information. quote: I can name 10 that haven't, which is enough for prime consumers not to have to deal with the other 10. I would like to know the names of those banks. Please list them . quote: You have nothing per FCRA, because they are not even required to pull your report before making changes to your account, and even if they did pull your report, they're not required to show you how (or whether) it affected your internal scoring with them. § 615 (1) In general. Whenever credit for personal, family, or household purposes involving a consumer is denied or the charge for such credit is increased either wholly or partly because of information obtained from a person other than a consumer reporting agency bearing upon the consumer's credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living, the user of such information shall, within a reasonable period of time, upon the consumer's written request for the reasons for such adverse action received within sixty days after learning of such adverse action, disclose the nature of the information to the consumer. The user of such information shall clearly and accurately disclose to the consumer his right to make such written request at the time such adverse action is communicated to the consumer.
I think you are misreading or misinterpreting the FCRA. This paragraph does not support your argument, it is about something else entirely. See the bold italics.
As I said, you have nothing under the FCRA. First, because they're not even required to pull a report before they jack up your rates. And second, because any scoring algorithm will always spit out 4 reason codes outlining why your score isn't higher. My fourth reason code in TU's score once was "excessive balance on retail cards". I had only 1 retail card at the time, and the balance was $19 out of a $1,500 credit line. Rediculous - yes, but if you think you can use that in court - good luck. Get a truly prime lender that doesn't jack up rates whenever the wind blows, and you won't need to hear their reasons for the "adverse action". You also won't have to sue anyone. Strange as this may seem, this is how it works with top lenders. To sum up F.USA feedback: 450 consumer complaints on First Scams; 76% disapproval rate among 143 Epinion reviewers; Unprecendented amount of negative feedback here on CreditNet throughout the years. No other "prime" lender (assuming F.USA are prime) even comes close. Sure, every now and then we also have people here defending CCB. That's ok, it's a free country, and it's ok for anyone to applaud a creditor, even an employee thereof. Saar
Saar i'm not a FUSA veteran and I don't work for them. Im just saying that as of yet I have not had any problems. Maybe i'll find out different. Come to think of it I have consistently run promotional balances with them and never had their regular rate. Maybe they don't fool with it while you're under the promotional rate. I don't know. Would really like a list of the "good" banks that you are referring to. this is my experience on other banks as far as rate-hikes. Discover Ok Amex OK Chase Ok Citi Ok BOA Ok Wells fargo Ok Peoples Bad MBNA Bad Fleet Bad Cap One and Providian - Good for subprime only. MY other cards are to new to rate. Thanks for your input.
The TU reason codes - was that from a creditor or their sight. The only consumer score sight that is worth anything is equifax. My TU said #3 "balance on installment loans too high" I don't even have any open installment loans. Experian is not any better. Now if it is a denial letter from a creditor, that may be a different story.
