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  1. I just woke up and saw an email from Experian Credit Tracker for: 1. New account from ELAN reporting on the report 2.. Credit limit increase from $1,000 to $3,000 on my Target/TD Bank account. I don't know why TD Bank is doing CLIs. I have a few CLIs report recently. But TD Bank has no pattern for CLIs. May be I should call and ask. :-) So, what did you get in your email today?
  2. Pre approved Blaze MC offer. Sent to shredder. Pre approved Sync BP Visa offer. Sent to shredder.
  3. http://www.ibj.com/articles/58982-brown-mackie-to-shutter-indianapolis-campus-in-nationwide-retreat
  4. https://www.msn.com/en-us/health/medical/some-medical-debt-is-being-removed-from-us-credit-reports/ar-AAZ35Fw
  5. Just noticed these charges appearing on all our Synchrony Bank accounts on the statements. 1.6% of the statement balance added each month that a balance posts. Was carrying a $500-ish balance under a 0% promo for CareCredit and $2,500-ish balance for Lowes under a 0% promo and saw the fees. Don't have any recollection of authorizing this service to be added to any of my or DH's accounts with Synchrony. Just looked back through statements and they started appearing (for us) in November, nothing prior. Apparently, it's been billed on all Sync Bank statements that we have. Walmart, Amazon, Lowes, Paypal and Care Credit. Anyone else?
  6. U.S. Bank Triple Cash Rewards Visa® Business Card Approved Experian Southern California Apped 12/20/21-12/27/21
  7. Just thought I would post this in order to save someone else some time. After waiting for about 2-3 months for my trade lines to post to no avail, I decided to make some phone calls to vendors who I thought may report to DNB. Here are my results: Quill - Still reports. Have to make a purchase of at least $50 and wait 19 days to pay it. (I hate this personally) Uline - Still reports. Not sure what their terms are. Grainger - Have not been able to get an account with them because they are saying you must be incorporated for at least 3 months until they approve an account with you. EzPromos - Do not report Amsterdam Printing - Do not report SupplyWorks - Do not report MSC Industrial - Do not report These are based on the individuals I spoke with in each respective business's credit department. If anyone has their purchases reporting with the vendors that I stated do not report, feel free to comment and start a discussion. Also, if anyone know of any other Net30 vendors that reports to DNB, lets start a thread.
  8. I have been searching High and low trying to find who Pep Boys Commercial Net 30 account report to, but it seems that i can only find one forum speaking about them. and the information provided on the forum is not very clear so hopefully someone can help provide what i the right answer Thanks in advance
  9. To raise awareness, I'm going to keep a running thread on credit and banking issues caused by "computer glitches." Here is an ACH payment problem caused by a computer glitch. Thanks PotO for the explanation I appreciate that. A second checking account is free and you can keep a $5 balance. Get a debit card which then becomes your new CLOC Credit Card.Is it looked upon negatively (like using an overdraft) if you use the CLOC regularly and PIF every month? I ask because I always have side projects with friends who find things to fix up and flip. I could use it as a slush account to fix and flip stuff. That way my cash balances stay more consistent if I ever want to apply for a "real" loan or line of credit. I've never tried, but I think it might be ok.I use my $25k Penfed PLOC anywhere from $5k to $20k every month and always PIF and never a problem. Of course I learned the hard way in the first month that they report the balance of your PLOC on the last day or last business day of the month to the credit bureaus and NOT your statement date balance. I could do a lot more fix and flip projects (not real estate) if I had a higher line of credit somewhere, like say $100k. Any suggestions on where to look? I was thinking Chase since I carry large bank account balances with them and have my business merchant account with them where I run over $200k a month through, but they pull Experian (frozen) and I have 2 baddies left on EX and a FICO 08 of 670. My TU & EQ are both 750+. Any suggestions other than switching my banking relationship? I am open to that also though. Chase doesn't have PLOC on the personal banking side. Perhaps on business side they do. I think it's mostly credit unions that have PLOC products.Ok, thanks. I just started building my business credit, so will look at a BLOC. Since I put over $200k every month through my merchant account with Chase (zero chargebacks in over a year), do you think I have a chance of a BLOC with them, even though my EX is inferior to my other bureaus at 670? I would have to unfreeze for them, but like I said earlier, my EQ and TU are 750+ and clean as a whistle. I'm not sure if that would be a help or not. I also use Chase Payment Tech and as far as I can see there is no practical connection between them and the actual banking. Seems like there is no connection as I have called Chase due to my merchant ACH not showing up and the Chase Bank rep was oblivious to why it could be and live transferred me to Payment Tech to resolve the issue. Twice in the past year they have had computer glitches that caused me to not get my ACH the next day and thankfully it has not been a problem for me. Why I tell people NEVER write checks on the "come", expecting a regular ACH, etc that shows up 99% of the time. Always make sure if it doesn't, you can cover it. Bank errors DO HAPPEN, but it will be YOU that will suffer the consequences if a payment or check bounces. Another good reason to have PLOC's or BLOC's as backups and ASK your bank to use them as overdraft protection because they will not always do that. A lot of banks will also let you tie your credit cards to your bank accounts as an overdraft measure. Most banks are getting away from this, but it is an option. Banking is an art, not a science. Relationships at your bank or CU are critical also. Have at least one person at each branch that will go to bat for you. Donate to their spouse's charity, take them golfing, happy hour, etc. Personal relationships are still the key to the "edge" in today's digital banking era.
  10. Within a 30-minute period this afternoon: I tried to make a < $10 purchase on Ebay using my PayPal Extras MasterCard. Declined three times in a row. No apparent reason. Next I tried the PenFed Useless RewardsTM Visa. Declined. Oops, wrong billing address. Tired again. Approved. Then I went to Vons and tried to put $11.xx on my Bank of America Cash Rewards Visa. Declined. Tried the same card again. Approved.
  11. REMINDER! Account Status 05 (Account transferred) to become obsolete for reporting Effective April 2022 As noted within Exhibit 4 (Account Status Codes) in the Credit Reporting Resource Guide (CRRG®) since 2020, Account Status 05 (Account Transferred) will become obsolete for reporting in April 2022. Refer to the Transferred category within Exhibit 6 for a list of Special Comment Codes that should be used instead of Account Status 05. Refer to Frequently Asked Question & Answer 46 for guidance on reporting transferred accounts, and to Frequently Asked Question & Answer 47 for guidance on reporting sold accounts. All guidance that relates to accounts being transferred or sold has previously been updated to advise that the Account Status should be reported as of the time of transfer or sale so no further updates will be made to existing CRRG® FAQs (46 & 47) as a result Account Status 05 being retired. The Metro 2® Task Force recommends that data furnishers transition away from reporting Account Status 05 as soon as possible. If there are any questions, please e-mail metro2info@cdiaonline.org. Thank you, CDIA and Metro 2® Task Force Metro 2® Webinar: Retirement of Account Status 05 (Transferred) Dec. 8, 2021 @ 2pm ET Join us Dec 8, 2021 for the Metro 2® Webinar: Retirement of Account Status 05 (Transferred). Developed in collaboration with the Metro 2® Format Task Force, which includes experienced representatives from Equifax, Experian, Innovis, and TransUnion, this webinar will discuss how accounts that are transferred internally or to a servicer should be reported, as reflected in the 2021 Credit Reporting Resource Guide®. The reporting of accurate data is an essential obligation of data furnishers under the Fair Credit Reporting Act. Account Status 05 will be retired for Credit Reporting in April 2022. Presented by Pat Dubie, Training Consultant at Consumer Data Industry Association, this webinar will focus on the following discussion topics as they pertain to transferred accounts: · Use of the L1 Segment to identify the Identification Number and/or Account Number Change · Use of Special Comment Codes to identify the “transferred’ condition · FAQ #46 Duration: 45 minutes Cost: $245 per registration (incl. up to 5 individual participants login) Your registration includes: · Access to the scheduled webinar and all handout materials · An audio re-play file of the event accessible online for up to one year, which can be shared internally with your team · Free download of the latest version of the Credit Reporting Resource Guide® (CRRG®) · The webinar is a single sign-on experience. Register Today! If you can't join us for one of the scheduled webinars, you may register for the on-demand replay of this event. The on-demand replay as well as the handout material will be emailed to you approximately 48 hours after the purchase. To view CDIA's Metro 2® attendance policy, please click here. Legal Disclaimer: CDIA's teleseminars are educational in nature and do not represent legal advice. If you need legal advice, consult an attorney in your jurisdiction.
  12. I didn't know this prior to my posting this tidbit. I've had a Bloomingdale's store card for well in excess of a decade. I have only used it twice since about 2005. I keep getting emails, so I decided to log in. Couldn't. Had to reset my password. Sent me a new password link that expires in four hours. Changed my password. Then they did not recognize my account. Oh well, thought I did it wrong, so I went thru the same steps again. They cant find me, all the while allowing me to resent my password. So, I called. Nice Nice young CSR answered, I gave her my account number and she told me accounts that were not used in two and one-half years were inactivated by their system. Now I can unsubscribe without feeling bad.
  13. can any one tell me which bureaus does the Wells Fargo Business Platinum card report to
  14. CARES+Act+Post-Accommodation+Reporting+Guidance.pdf I have no idea if this will be of assistance to anyone. It's full of links that are accessible. Happy reading.
  15. Any explanation would be great. I thought to list a series of events would be better than some long paragraph. I have pics and proof for all events below. Mid May: Ordered Vehicle (checked credit score showing 730 at the time) June 7: Toyota Financial Services received payment for old lease June 12: TFS closed account June 30: TFS reported to the credit bureau account closed on June 12 Friday July 9: Credit was pulled by dealer (first of knowing of outstanding balance on a said closed account)Was able to get bumped to a Tier 2. (Nothing was reported nor sent to me that I had an outstanding balance) Monday July 12: called Transunion because their score was what was pulled that hurt the deal. Transunion said that they show nothing of delinquency on my report AND show no history of it being removed nor it ever being on there in the first place. Evening July 12: called Experian because no other apps were showing a tier 3 credit score. They also said they had no history of it ever being on my report. (Talked to about five differnent people) They put me on a callback list to speak to a supervisor. Associate had said supervisor was in a meeting and would call back. July 13: Called Experian again to figure what happened. Received notifications that my credit score had increased 66 points and delinquency was removed notifications on Experian app. (No certainty that it was removed from report because they said there’s nothing bad on my report. I guess I take their word for it??) Evening July 13: received a notifications from credit apps that Toyota Motor Credit has reported positive activity on a outstanding loan balance. Loan paid. July 14: Called TFS to request document to cross reference dates. July 16: Called TFS to speak to Toyota Motor Credit. Turns out there’s no one to speak to in that department. It’s the same as calling TFS. Called Experian again to ask why they are just now reflecting on my credit that I had an outstanding balance that was just closed on July 13 not what TFS sent which states that it was closed in June 12. Experian had told me that the account was closed in June but when I explained to them that’s not what I’m seeing in my emails and notifications, they became combative and hung up on me. No one can tell me how and why on July 9, a inaccurate mistake cost me money and no one can send me my credit report to verify that there’s no delinquency. TFS agree that someone dropped the ball (but not them) and is willing to send any and all reports they have on my accounts. All credit bureaus has yet to send me to any documentation of removal of alleged delinquency and I will never know what happen on July 9th that cost me money. I’m paying more than I should and I could’ve been out of $1k(nonrefundable deposit to order vehicle) because I will not sign a tier 3 deal. Who knows how long I would’ve been without a car in this market if that were true.
  16. Hello, Does anyone know either by experience or with a good degree of certainty if American Express (AMEX) will decline card membership if you have ever filed bankruptcy against them? I have read somewhere that they keep a permanent “barred from membership list”. Is this right, no. However, as you probably know a financial institution may choose to do business with whomever they choose (a rather broad definition). I have read that even if an American Express account has been fully-discharged by a successfully complete bankruptcy case, they will no longer choose to do business with you. The reason I am asking is twenty years ago, I listed them as a creditor in my Chapter 7 bankruptcy case. I would like to apply for membership in the future when my current FICO is a bit stronger. However, I do not want to burn a hard-inquiry only for it to be declined. I apologize if I am not posting in the correct area. Thank you.
  17. So- my credit file has not significantly changed in a long time (and I qualified for long-term zero% auto loan back in April). I do carry significant balances on my credit cards, but always pay (auto-pay) significantly more than minimum payments. but something triggered an odd cascade in the last few weeks. I got notice one of my Synchrony accounts had suddenly had the credit limit dramatically reduced. I contacted them and they said they periodically check credit report and make changes. The letter they sent indicated high balances to limit on cards. a day later ai get another letter from Synchrony- for a second account with them was having the limit reduced... we all know this impacts your credit score, as it messes up your utilization %. today, I got notice from a different bank- that, due to higher credit utilization rates, they dramatically reduced my limit in that card - Which of course now even further rips my credit score... And this afternoon, I get notice from Synchrony that my Automotive account (that has never had particularly high balance can limit) was having a limit reduction down to the current balance! What’s going on? I have NEVER been late, never payed just the minimum payments on any accounts... Is there some massive banking “surprise” on the horizon? I did recently put a credit freeze on all 3 bureaus due to someone filing for unemployment with my name/SS# and I filed a police report on that. I have paid credit monitoring service- and there is nothing new or odd on my CR... So what’s going on?
  18. Hey trying to help my boyfriend build his business and I am having a hard time with tier 1-net 30. So far he had Uline but Quill didnt have an option He did newegg and cleanitsupply. He tired to do Supplyworks but that didnt give an option. If anyone can send updates list please with success we want at least 5 tier 1 Net 30;s.
  19. https://www.marketplace.org/2020/06/30/netflix-to-deposit-100-million-in-black-owned-banks/
  20. https://abovethelaw.com/2020/02/after-40-years-the-lexisnexis-mainframe-is-no-more/ There is no paywall. I did not know this, but found it interesting.
  21. 110 million consumers could see their credit scores change under new FICO scoring "will start incorporating consumers’ debt levels into their scoring model."
  22. Hello, I am seeking some help on understanding the reason as to why I keep getting denied credit for my business. I’m wondering if maybe I. Filling out the application wrong or something. Here is some info on my business, and business credit. An established business over $75,000,000 a year in revenue D n B score is 89 Paydex Score 92 delinquency predictor percentile 90 financial stress 2 supplier evaluation risk rating low business risk overall highest past due $0 highest owing is $75,000 46 yrs trade experience $200,000 largest high credit an average of $33,236 credit Experian Scores is an A Transunion a B Equifax an A I still can not open an Amazon, Home Depot, Lowe’s, or Best Buy account. Does anyone know why that maybe? Any insite will be greatly appreciated. Thanks in advance.
  23. Some interesting tidbits in the news articles about the contract change. First Barron's is reporting that "Synchrony expects to convert some of the existing Walmart private-label cards to general-purpose cards." https://www.barrons.com/articles/where-synchrony-financial-goes-after-walmart-1533337840?mod=yahoobarrons&amp;ru=yahoo&amp;yptr=yahoo I would assume they are referring to the co-branded MC as opposed to the store cards which are obviously subprime. I wouldn't be surprised to see these Walmart MC's changed over to a 2% card or something since SYF has been trying in recent years to reach more prime consumers (Marvel, Cathay Pacific). Next, I also read that Goldman Sachs was in discussions for the Walmart portfolio. Apparently they are considering entering the CC business.
  24. https://www.foxnews.com/us/philadelphia-cbp-agents-seize-ship-owned-by-jpmorgan-chase-after-1-3-billion-20-tons-of-cocaine-found-on-board JPMorgan Chase Bank needs to recoup the $1.3 billion lost when their cocaine smuggling operation got busted by Customs & Border Protection and their 20 tons of cocaine got confiscated. Since the cargo vessel, the MSC Gayane, owned by Chase, has been seized by CBP and federal prosecutors plan on keeping it, add an additional approximately $100 million to the tally. Jamie Dimon is sure to ask for a pay raise, too, when the retail value of coke goes up. Adios rewards.
  25. https://www.valuepenguin.com/news/british-airways-credit-card-hack
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