Sears retention is it worth it ?

Discussion in 'Credit Talk' started by lmckenzie, Oct 4, 2001.

  1. lmckenzie

    lmckenzie Well-Known Member

    My credit limit started 3 years ago was $3000, a few late pays and now it's at 260.00 hahhahahhahhahahhahaha, I now have

    2 Citi AA cards
    2 Capitol one cards
    1 gm card
    1 actionfirst card
    1 helzberg card
    1 radio shack
    1 best buy

    So I am ok card wise, but the kicker is I really like sears a lot (there shoes especially) but the limit thing has really burned me up !

    "waking up from a credit nightmare"
  2. Bill B

    Bill B Well-Known Member

    they might! When i called to close account the lowered my apr to 16.99% .
  3. IncomeHelp

    IncomeHelp Well-Known Member

    They might but when Keith Wise left Sears Credit several years ago to join the now bankrupt Diamond Home Services (better known as Diamond Exteriors) they took a heavy hit and tightened up their procedures.

    For those that don't know Diamond was started by Several top Sears executives to do home improvements as a seperate company but using Sears name. These people liked diamonds so much they drained the company dry after a few years hurting many people.

    So, Sears lost a lot of money and as the credit business is their single largest profit center they are hard to deal with.

    Still, try you may get lucky.


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