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Everything posted by david_weaver

  1. In my personal experience, they will not budge. I had the same sign-up a few years back followed by an even better offer a few months later. I called, chatted online, sent emails. All politely declined. Sent from my iPhone using Tapatalk
  2. Both GM Financial and the dealership pulled EQ, which surprised me. I have a question though: In the last 6 years, I have leased or purchased 5 new vehicles. I leased a Nissan Rogue which I kept for the 3+ year term and returned it when I purchased a Buick Encore in January 2017. I purchased a Chevy Cruze, which I had for two years before trading on a Buick Enclave I kept the Enclave for the entire 3+ year term and turned it in this week to lease a new Buick Enclave. So in the last 6 years, I have nearly 12 years (typically two vehicles at a time) of perfect payment history, with experience both leasing and owning. Due to credit card utilization, my FICO is right around 700. My Auto8 FICO was 639, and if I recall, this is higher scale, so even worse than a 639 would be on an 800 points scale. So my question is, how could my auto score be that much worse than my standard FICO score given that I have so much positivity in my report regarding vehicle purchases and leases?
  3. Credit Application: Your Age? 34 Your Equifax Credit Score? 699 Your Experian Credit Score? 686 Your TransUnion Credit Score? 665 How many years have you been on file with Equifax? 15 How many years have you been on file with Experian? 15 How many years have you been on file with TransUnion? 15 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? Yes (1-yr old loan and expiring lease) Will this open auto loan be a trade-in? Loan-No, Lease-Yes How many late pays within the last 12 months on the currently open loan? 0 How many late pays within the last 13-24 months on the currently open loan? 0 Your current open auto loan is financed with? Loan – Huntington, Lease – GM Financial Your current open auto loan payment is? Loan - $335, Lease – $655. Estimated amount you may be upside down in this vehicle? Will owe approximately $3,000 for mileage overage and tires Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) 10 YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 21 Total percentage utilized overall? 60% How many of your revolving accounts are store cards? 5 How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 16 How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 0 YOUR PERSONAL INFORMATION How long at your current residence? 30 months Do you Rent or have a Mortgage, or Live w/Relative or Other? Own Your Monthly Rent or Mortgage payment? $1220.00 How long have you held your current job? 3.5 years Your total provable monthly gross income is? $10,000 Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) Paystub Is there additional monthly income? What amount monthly? No Describe the source. Is the additional monthly income provable? No Spousal income is not applicable. YOUR DOWNPAYMENT Please tell me your exact down payment in cash? (rebates and trade equity are not considered, please input a dollar value only.) $5,000 Does any credit repository contain any Public Record? No If yes, please very briefly describe. Does any credit repository contain any Collection Account(s)? No If yes, please very briefly describe. Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 8 (only not a 10 due to utilization) Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 10 Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 10 New or Used vehicle you are considering: Please very briefly describe. 39-month Lease ending on 2015 Buick Enclave. Would like to replace with a similar lease on 2018 Enclave or would consider purchasing a 2018 Enclave on 72-month loan if easier approval than another lease and payments could be kept similar to current. Thanks...
  4. What FICO version does GM Financial use? Thanks!
  5. ??????https://www.thrillist.com/drink/nation/how-to-make-prison-wine-how-to-make-pruno ?????? Sent from my iPad using Tapatalk Actually, both are. The one on the left has been busted with firearms they aren't supposed to have multiple times. Snoop was convicted of felony drug possession and felony intent to sell in 1990. In 2007, he pleaded no contest to felony drug possession and possession of a firearm by a felon (also a felony). He received a three-year suspended sentence, five years' probation, 800 hours of community service (400 of which could be operating his OWN youth football league). Martha Stewart avoided $45,673 in losses by her broker tipping her off to sell a penny stock. She was convicted of three felonies (conspiracy, obstruction, making false statements). She received a sentence of five months in prison, and two years of supervised release. She paid a fine of $30K, paid back $58,062 (the amount she saved, plus interest) and an additional fine of $137.019 (triple the amount she avoided losing). She was also banned from being an officer of a company in any role that pertained to or impacted financial reporting (which is almost all) for a period of five years. So to be clear, a two-time felon repeated his offenses AND had an illegal gun, and was sentenced to teach kids to play football. A billionaire with no criminal record avoided a $30K loss and then lied when she got caught, and went to prison and could not work any longer at a job that had nothing to do with the crime she committed. Only in America.
  6. I don't know if you have some scheme in mind, so cannot speak to the specifics in that regard, but in the general sense yes you can. For example, the $20 rebate from Staples this week is in the form of a VGC. If I buy a $500 VGC at Kroger, I can use that $20 VGC towards the purchase. It is also handy for draining VGCs with small balances.
  7. FICO scores update immediately with any change. Depending on your file, you may actually see your TU score go down due to these removals, or stay the same. They were so old their impact was low. If you have a newer, thin file, you may have taken a big hit to AAOA. Still a huge positive, and any step back will result in larger gains going forward.
  8. Yes, after I questioned KristofsMom in the thread (and she launched a rambling, nonsensical attack in return instead of explaining), that thread died two posts later.
  9. Yes, but nobody really wanted the product, right? You paid for the trade line, and that did not happen and likely never will.
  10. This stunk like a scam from the moment it was posted, so not surprised at all how it turned out.
  11. Walmart or a grocery store.Tried using it at Walmart today and csr saw the GC and said no way. She claimed it's illegal to buy MO with GC.Good thing that's not my regular Walmart. I have lost 2 of my local Walmarts in just the past 3weeks. Good thing going for me is I have literally 10 in a 15 mile radius. I did a 499.32 M/O at one that's not my regular and had no problem. Went back 2 days later and tried 1,000 and asked to see the cards. Walmarts policy clearly states that it has to be a pin based card with the word Debit on it. It says nothing at all having to have your name on it or it tied to a chk acct. That's what they kept telling me is it has to be tied to a checking account and that is not in there policy it's the CSR and they just got sent a email about g/c for m/o purchases stated not to do it!! I think it's just a matter of time before the system will not take it. Sucks Sent from my iPhone using Tapatalk Pro I wonder if it would be an issue with Simon cards that have your name embossed on them, even though they are still gift cards?
  12. Amen. A few years ago, DW and I were in Virginia and got lunch at Hardee's. The receipt had a line item for a "Credit Card Fee" of 75 cents. It's not that much, but it's the principle of the thing. There was no signage anywhere that mentioned the fee. Apparently, that crap is legal in VA. It's illegal in FL, fortunately. Suffice it to say we will never enter that Hardee's again, ever. I do not understand why business would break out the charge? If I buy a hamburger off the dollar menu, I am not told that 15 cents goes to labor and 25 cents to food cost and 8 cents to utilities, etc. Why would I be told 3 cents went to credit card fees? Plus, as someone noted, cash is not free. 20 years ago I was a manager at JCP. We had dozens of registers throughout the store, sometimes with multiple cash drawers at each if associates changed during shifts. There was also a 'cash room' similar to a casino cage for counting money, dispensing cash drawers, preparing deposits. That required the employment of several people. And there was the cost of Brinks picking up the money every day. And the risk of drawers being short. And interest lost due to all that cash being in stores instead of in the bank. And bad checks. And counterfeits. And scammers. These days, far more people pay with debit/credit than cash. Easier to just assume that will be the payment method and price accordingly.
  13. Mine averages 2-3 per week, so yes, easily 100-150 per year. She also gets the Citi AA (personal, she has the business) and the Citi Double Cash 2-3 per week, sometimes alternating, sometimes both the same day. I could understand if there were suddenly an increased offer they wanted to tease with, but it is the same mailer every time.
  14. I agree. What do I care if they go out of business? I want the EQ trade line.
  15. When we lived in Maine, I was stunned by how few places accepted credit cards. None of the contractors I used to rehab the house, almost none of the shops/restaurants in town, even the town (taxes, water, pool fees, sports leagues, vehicle registrations) was cash/check only. Obviously, when in Portland it was much different, as close to a big city as Mainers get. I would never pay cash or debit anymore, unless I absolutely had no choice, like a street vendor.
  16. The casino does not send him a tax form and report the winnings to the IRS?
  17. This is a joke, right? You make nearly $400K per year yet you have 30% utilization AND you had to finance a piece of jewelry? But you could put 10% ($80K cash) down on a house? Pay your credit cards down and your scores should be over 700, maybe 720 if you have a good mix of credit and your reports are clean. Then you can buy what you want with any lender you want. Of all the lenders I have used, Bank of America is the second worst, behind only US Bank. Current mortgages were from Bank of England (despite the name, they are an American bank). It is important to pay attention to whether a bank simply originates a mortgage or services it as well. For example, most of the problems people had (and complained about) pertained to how Bank of America serviced the loans and their foreclosure procedures, not the origination. You would not want to spend time picking the perfect bank to work with on the mortgage only to have the loan sold to some nightmare servicing company a month later.
  18. In your initial post, you laid out a plan you intended to pursue. You have received advice from some people I have come to respect as experts (maybe even authorities) on credit management and risk. (No, I do not consider myself near THAT level) The thread is not 125 posts long and I cannot identify from your responses a single thing you plan to do differently based on what you have been told? Many people (myself included) have been here 5 years or more, many since the beginning in 2003. I am not exaggerating when I mention how many people start with posts like yours and a year later are in the bankruptcy forum. I am sure the number is even higher than it seems but many are too embarrassed to come back, or do so under an alias. I am not knocking you, but from your posts, you have little idea HOW credit works and how to best manage it to get yourself the most rewards and protections with the least personal risk. I do not know your background, but if someone here with no understanding of YOUR business tried to speak as if they did, you would see right through them. The sort of credit moves you are proposing is NOT something an amateur with almost no knowledge of how credit works should attempt. As I noted, I wish you luck and success. Sometimes those willing to take fantastic gambles do win. I said my piece. You not only disagree, you think I am a troll. I will leave it be.
  19. The more critical point is that you are about to undertake a MASSIVE financial gamble involving hundreds of thousands of dollars and your questions (and rebuttals to other people's comments) lead me to believe you know almost nothing about credit cards (or credit in general), banking, business management, finance, or corporate law. Worse, plenty of people responded with simple ways to protect your personal credit, protect you from any hint of criminal activity, and ensure you have access to credit going forward should this goldmine of a business tale longer than expected to start delivering rich rewards. Finally, you seemed happy/excited to see a post from someone who did something 'similar' but that ignores the reality. As that person noted, they did not pay any cash advance fees. They made payments that were multiples of the minimum. They do not say if they paid it back, and if so, how quickly. They also do not mention WHAT they took out the money for. If they took all the money to purchase a house, they are guaranteed to have the value of that home. If they took it to the casino and bet on black, they might double-up or they might be broke. That leaves you as one of three things: You are either a sucker so big the person selling you this medical software business is already laughing at you and you haven't even paid him yet. Or... You are a troll. Or... You are a genius who stumbled upon the opportunity of a lifetime and will have the money paid back and be living on easy street by 2020. I hope it is the last, and I hope it works out for you, but do yourself a favor and learn all you can FIRST before you go bankrupt. Nothing worse than someone who ignored every piece of advice and acted anyway coming back a year from now with a thread about starting over after bankruptcy. Seen it TOO many times. And auto-pay from your checking account is a great way to avoid a late payment IF, and ONLY IF, there is money in the account.
  20. And, with all you said, if his plan gets nipped in the bud by creditors, slashing his limits before he accumulates all the cash, he will simply find an investor to pump $50K or $75K into this business? Keep in mind this business makes no money and the investor would be getting a partner that is so maxed on his credit cards he could not get a First Premier for $300 at that point. And depending on the cash trail, if OP is found to have committed fraud, they could come after the business and thus the share contributed by this generous investor as well. OP keeps going back to the interest rate when he has been told there are dozens of things that can happen worse than a rate bump AND he is more than happy to pay advance fees. Worse, his plan is not for newbies, no matter what it is. He plans to do it all in one afternoon at a few different banks? Long before the IRS starts asking questions, the banks are going to smell either fraud or bust-out when a business that has no credit, no assets, and no revenue suddenly makes a $100K deposit using a stack of cash advance checks from a dozen different banks. And his few mentions of M$ show he knows almost nothing about that, and he is not going to go from never doing M$ to doing $5K per day on a card without raising red flags. And his entire plan depends on the credit card issuers playing nice. If OP can tell us what this amazing opportunity is that mandates (and warrants) suck risks, it might be worth continuing the conversation. If not, we have seen this sort of thread before and it always leads to a bridge with trolls under it.
  21. Everything matters when you are just starting out. I do not know that it matters if the most recent usage was last month or nearly a year ago. That said, the ones I can identify on my report, I try to use at least once per year to keep them active.
  22. Be careful as it is worst than crack cocaine. Is it only Vanilla's that can be used at USPS? I typically buy at Kroger, so US Bank, and the only time I tried to use one at a USPS for a MO and a package I was shipping, it did not work. Only have one USPS I pass regularly, but my primary WM was out of commission for MOs for 3 days last week due to some printer issues, so it is always nice to have a work around.
  23. Same as almost every day: Citi Double Cash Back mailer; Discover mailer; offers to refinance student loans and any other debts (Prosper, Best Egg); other assorted fliers and junk mail. All that was missing was a Citi AA mailer (we both already have the business version of the card).
  24. That is like asking if it is possible to validate a donut. You are either misusing the words or you do not know what it is you are trying to ask. An LLC has officers, not authorized users. A credit card held by an LLC can have employee cards or in some cases, authorized user cards. But most would not report to personal credit, so no point anyway. So I repeat the earlier request: either post the Youtube link you refer to so people can understand what it is you are trying to do OR explain in your own words what it is you are looking to do. Otherwise, I wish you luck and will not bother responding further.
  25. FYI Almost certain my Citi Biz AA credit card is showing on D&B. Charged 15k on it a couple months ago and it showed the amount on a trade line when I look at iUpdate. But that's the only one of my many Biz cc to show there. Agreed. My Citi Biz AA shows up on my D&B. That said, either we have gotten off topic or the OP misworded his question. The OP asked about AU for an LLC. And then the conversation turned to corporate cards reporting. I do not know what the OP was trying to determine? Other than things like the Cap One Spark, there can be no reporting benefits of an AU or employee card on a credit card opened for an LLC as they only report to business credit. Perhaps OP can share the Youtube link he references so we can better understand the question?
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