I just called Penneys about my account. I wanted to get a CL increase. He told me that I didn't need to get an increase, because I've had my card for long enough, I can just "go over" my limit by $200. I tried to tell that that would hurt my scores, but he assured me that it would not. I laughed at him--poor guy didn't have a clue. He told me that I could apply for an increase, but if it were denied, they would be forced to tell the CRA's that I had been denied the increase. I asked them if they would pull a hard inquiry to figure out the increase, and he basically said, huh? He then told me that the CRA's gave them the scores, so no inquiry would be pulled. HMM, wonder how they get a score w/ out an inquiry?? LOL My next ?? was about my APR. He told me that I couldn't do anything to lower it. Even if I closed this one, and open another, it would always be 21.9%. I asked him if that was the best rate that they offer, and he says yes, it's the going rate for all stores cards. I thanked him and hung up. He's sending my statements for the year, as he says it shows a 30+ day late. My cra's show nothing, and I don't remember being late. I do remember paying it a day late in January, because my payment date is the 1st, and it was closed on New Years, and I had forgotten to pay it sooner. Anyway, he said they only report it as late, if it's gotten to 60days, and then they only report it as 30days. That doesn't make much sense to me, but nothing creditors do make sense to me!!
He is totally clueless. When you are denied credit of any kind, no report is made to CRA's. They must have hired this dude right after he fell off the turnip truck. Call back during the week and get someone who has worked there a while, hahahahaha!!
Yeah, I definately will. I felt so much more knowledgeable speaking w/ him--now that I've been reading this board. I think he knew he was coming off like an idiot. All the hmms, and uhmms he was muttering! I was actually enjoying it!! LOL
