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Everything posted by Ready2Rock

  1. It is my understanding that this is a violation (or at least it used to be) of the agreement with Visa/MC etc. I tried Google, & it was mostly 2+ year old articles I found. I have a problem with my Boss implementing this policy @ the agency I work for, & I was hoping someone could point me in the right direction to show that this should not be allowed. Is the Signature on the back of the card still the only thing that should be reviewed? Or can/should we now "demand" ID for large purchases on a CC? Thanks!
  2. Penfed is reporting 3 CC accounts opened in 2010 on my CR. I only opened 1 CC, but due to internal security breaches on Penfed's end, they had to issue new cards w/ new numbers. This is dragging my AAOA down to <5 years, & not only hurting my FICO, but my Insurance Premiums as well. I have disputed via USPS, & even escalated my complaint to the NCUA. Everyone told me that since the accounts in question were reporting "closed/PIF", that Penfed was doing no wrong. Since I know FICO takes open & CLOSED accounts into the AAOA, & even provided proof of the AA letter
  3. I have a BOA 123 card sitting in the sock drawer, & I pull it out every 3 months to buy lunch & keep it active/open. I never wanted this card, but I was issued it when BOA killed my beloved Schwab 2% card (RIP 10/31/2011). Since I receive higher reward %'s from other cards in every category, I see no use for it. However, it does have a $25,000 CL, & I would like to think there is SOMETHING out there I could PC my card into that is actually useful to me. The 3 cards issued directly from BOA are worthless to me, but I was hoping maybe there is a partnership BOA card I co
  4. Thanks everyone for your knowledgeable insight. I don't spend more than my $2900 CL @ Target, & I don't plan on it. I was just asking because Pops has a Target Visa w/ a $20K CL. So I thought it couldn't hurt to try & convert it, if the potential credit limit was 1000% higher Thanks again, back in the sock drawer she goes!
  5. I remember a few years back Target sold half of their portfolio to Chase. Then last year sold the rest to TD. I don't know who bought which accounts, but I was wondering is anyone had success with converting a store card to a Visa? I have the Store Card @ $2,900... & I would sure like a higher CL, & I think the Visa conversion is the only way that could be possible. Thanks
  6. Hey ICANHASMUNY, I should have elaborated in my post, it is merely a hypothetical scenario. I enjoy helping friends improve their credit, & get junk-debt buyers off their back. Since I am familiar with the standard means of disputes/validation/whychat's methods, I was wondering if talking on the phone could be added to my arsenal (although I know it is generally frowned upon). With my state's very favorable conversation recording laws, I believe I could make a CA violate the FDCPA multiple times in a 5 minute conversation. Not in the interest of suing them for the fines, b
  7. Can a person talk on behalf of another person, to a Collection Agency over the phone, if they have a notarized Power of Attorney? I know only a lawyer can do such things in court, but can anyone with a POA deal on behalf of someone over the phone?
  8. Just a hypothetical question here, as nobody knows for sure. I just wonder if once the Cap1 takeover of HSBC is complete this Summer, if our new Cap1 cards will be able to be combined? I have a Cap1 Venture One, that is stuck @ $7,500 until the end of time. According to a letter about the takeover, I have a new $9,500 1.5% no AF Cap1 card (used to be a $9,500 HSBC Weekender) coming in the mail. $17,000 combined into a single Zero AF 1.5% everywhere card sure would be sweet... It's my understanding that Cap1 doesn't like to consolidate accounts... but with such a massive influx
  9. I posted an inquiry last year about Amazon's STORE (not VISA/MC) card giving me a low $700 CL... & appearing to be limited to $2500 tops via online requests for a CLI. CreditBoards led me to the Backdoor phone number, & I went from my $2500 to $10K w/ a 5 minute phone call & w/o a HP. Here I am 8 months later, & I decided to call earlier this afternoon & ask for $15K. After a few minutes on hold, the Underwriting fellow asked: "You have not spent more than $1300 on your card during any given month, so why do you need a higher CL than your current limit of $10K?"
  10. Well thank you BW, I really appreciate your time & insight! Have a good night my friend.
  11. How would any FICO algorithm determine if it was a spouse, or just a family member with the same last name?
  12. No my AU account is reporting (1993, when I was 9 haha)... but does FICO still consider AU in calculationg AAOA?
  13. Touche. I will just let it drop off next year & refrain from opening new unneeded accounts. 1 last question... Does FICO still take into account non-Amex AU accounts into AAOA (piggybacking)? I have read conflicting reports, starting around 2009. Thanks BW!
  14. It was my understanding that both open & closed accounts were used to calculate AAOA. Am I mistaken my friend?
  15. Because it is the only TL I have on my reports between 2004 & 2010. It is anchoring my FICO AAOA, & I need it to not fall off. They could give me no rewards & a $50CL, I just need that 2004 Open Date.
  16. Forget reopening the account, Opening a new CC & Backdating is my plan. Is AMEX really the only company in history to backdate an old account? If anyone has had success with ANY company backdating an account besides AMEX, please share.
  17. Dude, how true. I consider myself a fairly intelligent human being... so can someone please explain to me what this has to with my question? Nothing to do with intelligence, and nothing to do with your question. Sorry to have interrupted your thread. I agree that getting an issuer to reopen a card is pretty much impossible, and of all of my cards my Wells Fargo card is arguably the second most useless (perhaps tied for most useless with my Capital One card). I would move on to greener pastures. Thanks! I just have nothing to lose by trying I guess. Since I have TL's
  18. Dude, how true. I consider myself a fairly intelligent human being... so can someone please explain to me what "patois" has to do with my question?
  19. Forgive my ignorance, I had to Google "patois"... & I'm not really sure how that applies to my W/F situation?
  20. I'm glad I'm not alone... such a dumb move right? However, I'm not content to take a "No, 0% chance" answer from some entry-level CSR... SOMEONE @ W/F has the ability to manually do this... the only question is who is that person, & how much time/effort do I need to put forth to get it done. I have 7 months before the TL falls off... plenty of time to find that special person @ Wells who is willing to do it.
  21. I closed a positive W/F CC in 2004. Not having an understanding of credit during my college years, I didn't have another Tradeline PERIOD until late 2010 (I just used cash, such a dumb move). I have obviously since learned about the importance of credit, & spent the last few years building a stable of tradelines. My FICO is now solid, my Utility is ~2%... but my AAOA is being kept afloat solely by that closed W/F card from 2004. Since that account is going to drop off my credit report next year, my AAOA (already my weakest FICO area), is going to be CRUSHED. So I pondered...
  22. Touche. It appears everything you said is correct regarding SKU/Model changes, etc. It seemed like a great idea at the time...
  23. Thanks SomeGuyInCA. I would argue that Chase is willingly offering this program. If I choose to take advantage of it, & Chase doesn't like losing money on me, they should just nix the program. I have also read through every shred of fine print I could get my hands on, & neither electronics or Black Friday fall under the "Exclusions" from Chase. I'm not in the market for a new TV or computer, & Black Friday has come and gone. Yet I may want a new TV in the year to come... & this program might be very beneficial then. I still can't find a reason this would not work...
  24. After some phone calls to Chase, I have confirmed that the Freedom card offers a form of "price protection" that I can't find on any of my other cards (my Citi Forward has a weaker version of the same idea). If I buy something, & within 90 days a brick & mortar store (not online) publishes an ad at a lower price, Chase will reimburse me the difference up to $500 per claim/ $3,500 per year. Since the Black Friday specials are available online a month in advance, what would keep a person from buying, lets say a $1000 TV at full price a week earlier, & just waiting for the Bla
  25. UPDATE: After being informed I had to unfreeze T/U for a Hard Pull in order to increase my CL past $2,500... I put this on the back-burner until tonight. I lifted the freeze, waited 20 minutes, called 866-519-6441 (Credit Analyst/Credit Solutions). Answered some questions, put on hold for 3 minutes... $10,000 CL APPROVED!!! That's a Hard Pull well spent in my book! (After some prodding, the CSR also divulged that the Amazon Store card doesn't have a "set" CL Cap, so I will try for 20K next year.) It has to be thawed but typically no HP will appear. Confirmed via my latest ro
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