Well I recieved my Orchard Bank Card today with a limit of $500 and a annual apr at 9%..Kinda funny i think..Now I have FCNB 900 limit 18.90% opened 5/01 Providian $400 limit 23.99% 4/01 Getsmart $500 limit 16.9%apr 6/01 Cross Country $1500 limit 18%apr 6/01 Orchard $500 limit 9%apr 1/02 Joint Orchard $500 limit 18.9% 07/01 Target Visa Au $4500 limt 16.9% 09/01 New Diamante 15.9 apr Wells Fargo 12/01 Question is my Providian was the first account opened up ..They have not treated me well what so ever and I am thinking about closing them due to the high APR...Plus every other company has offered me a CL increase...I PFB them and they came back and gave me a Raise of $200 and lowered my APR on my Getsmart VISA but not the GOLD card..That was the one I was writing them about... What do you think....
i closed all of my earliest accounts. My EFX score is up higher than ever. Keep in mind even if the account is closed, it may be considered a "new account".
You are not too far from your 1 year marks. I would at least wait until the 13th month to cancel any account you don't want. From my understanding, you need to have an account for at least a year to recieve any point value. BTW, how did you get Cross Country to lower your rate? I thought they never went below 20 some odd percent? I'm surprised they lower their rates. I had an account with them for 3 years and was never able to get my rate reduced. I know a number of people have had problems with them, but I never did. Customer service was actually ok & payments always posted on time. Just too many fees and a bad rep.
Thanks guys for the advice..I used PFB to get them to lower my rates on credit back the CL increase fees they charged me... PFB really works...
