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  1. U.S. Bank Triple Cash Rewards Visa® Business Card Approved Experian Southern California Apped 12/20/21-12/27/21
  2. 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
  3. 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.
  4. can any one tell me which bureaus does the Wells Fargo Business Platinum card report to
  5. 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.
  6. 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.
  7. 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.
  8. 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?
  9. https://www.marketplace.org/2020/06/30/netflix-to-deposit-100-million-in-black-owned-banks/
  10. 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.
  11. 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.
  12. 110 million consumers could see their credit scores change under new FICO scoring "will start incorporating consumers’ debt levels into their scoring model."
  13. 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.
  14. 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.
  15. 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.
  16. NASA FCU offers very generous lines of credit on their credit cards, but for the uninitiated, there are tricks and traps they don't disclose to you upfront that you will find out about later. Around three years ago, my husband and I each opened new NASA accounts and were promptly given $30k in credit each. We did balance transfers on the accounts. Last month, we paid off one of them (actually overpaid it, thanks to their obnoxiously awful online banking system that does not always acknowledge account actions like payments). Instead of seeking a refund, I just decided to pull out the NASA credit card and use that to recoup my credit balance. Except the card I had put away in a box three years ago was long expired. There was no replacement card ever issued to either of us. So I wrote them, which is when I learned from representative number one "the account has been closed for inactivity since December 2018." I was invited to re-apply. This despite regular monthly payments being made for all three years, the last of which posted in May. This was news to me. The online dashboard still reflected the $30k credit line and more than $30k in available credit because of the credit balance now on the account. No warning, no message, no nothing. I complained about these things in response and the representative quickly reopened the credit line and issued a new card. For the other account, which still has a balance transfer being paid down, I wrote a separate email about the missing replacement card. I was informedthe account was still open, the credit line was still active, BUT the account's ability to accept new charges was paused due to inactivity and a new card was not scheduled to be automatically issued. NASA FCU requires at least two credit transactions annually, preferably spread out at six-month intervals, to keep a credit line active and available for use. They don't give you warnings. Payments do not count as activity. Only purchases. They are sending a new card to get this account unlocked and open as well. This is literally the only card I have ever had that did not treat payments as legitimate activity. Thank goodness we did not have to re-apply and take a hard pull, and if you complain they are responsive. Reviews about NASA FCU are not good on Yelp. Apparently the credit union's customer service and member responsiveness have taken some serious hits in the last three years. I invite people to explore that on their own. But word to the wise -- buy something small at least twice a year on those NASA cards or risk seeing them closed.
  17. Hello, I have create a situation for my self that my monthly expenses exceed my monthly income so I been missing payments to my credit cards. I was thinking of cashing out one of my mutual funds and pay off two of my cards to reduce my monthly overhead, Best buy has offered me a settlement offer where I would pay them half of my total statement within 90 days and they would charge off the rest, but they would still show on my credit that this was paid but not all of it. And I still have to reach out to chase to see what options I have with them. My question is, is this a good idea right now I am way behind on the payments and killing my credit but not sure what is my best options. Any suggestions or recommendation? Also I own my home so I didn't want to so a bankruptcy.
  18. https://www.theatlantic.com/health/archive/2019/03/hospital-bills-medical-debt-bankruptcy/584998/?utm_source=facebook&utm_campaign=the-atlantic-fb-test-852-1-&utm_content=edit-promo&utm_medium=social&fbclid=IwAR0hYNKakm4RaH5ZeISLq_MTSvMjMPnHNkuL7eOY8GcGtkOcMMHW4AiRpOs
  19. I just discovered that my Chex Security Freeze was removed after seeing on my TransUnion report, in the supplemental information section, info about Chexsystems and checking account inquiries. I called them up and they informed me that previously they automatically cancelled your security freeze after 5 years, but their policy has now changed and they are now permanent. I explained removal without my permission sounded like a violation of California state law. I had to call their freeze department at 800-887-7652 and request a new security freeze be added to my credit report again.
  20. https://www.cnbc.com/2019/02/13/a-gop-proposal-would-snatch-your-student-loan-payment-right-from-your-paycheck.html A Senate proposal would require employers to deduct federal student-loan payments from workers' paychecks. The plan — backed by the Republican head of the Health, Education, Labor and Pensions Committee — would require borrowers to choose between having 10% of income taken out of their paychecks or deducted over a decade. People can now choose between 14 repayment plans that don't require such garnishment and that are overseen by loan-administration companies. Consumer advocates say the new plan could force people to divert money from things like food and rent.
  21. Hi Guys! I need help with a collection account that recently reported to my Experian report on 2/5/19, “Enhanced Recovery” purchased an old Sprint debt from May 2013. In California our SOL is 4 years. What can I possibly to get this account removed from my report ASAP! Account Name ENHANCED RECOVERY CO L,202752XXX Original Creditor SPRINT Open Date Invalid date Balance $1,302 Debt $1,302 Contact Information 8014 BAYBERRY RD,JACKSONVILLE, FL 32256,(800) 496-8941
  22. https://www.nerdwallet.com/blog/credit-cards/amalgamated-bank-of-chicago-5x-quarterly-bonus-categories/
  23. 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.
  24. Doctor of Credit announced today that there exists a rumour that... Amex's Green Charge Card will get bonus categories 4x "gas" 3x "streaming" and... some form of Amazon Prime membership conjoined with some higher annual fee. It seems that Amex continues to play the "rewards game".
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