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Thank you Credit board members for a wealth of information.
It's time to say good bye.
Relieved after closing accounts.
Merrick Bank ( July 2008) Limit: 1650 Annual Fee 96.00
Merrick Bank ( Hooters Card) ( Sep 2008) Limit: 1100 Annual Fee: 96.00
Capital One ( Feb 2009) Limit: 1000 Annual fee: 39:00
*Disclaimer: typing with my iPad, so I apologize for errors!
Today while doing my daily pulls I noticed something Imtersting.
A little back story first. I received a letter stating that Navient who I never heard of was buying my loans, but nothing else would change. I received that letter probably six months before the switch. Well, soon after the switch, I log on to my new navient account only to find that half of my loans are gone. I then get another letter a week later stating the Nelnet has purchased half of my loans. I was pretty mad considering Sallie Mae said nothing else would change, so did Navient. I didn't know anything of this until after it happened. So after being aggravated, I just decided to deal with it, set them all up for auto pay again, and forget about them.
Well, today I login to find that during the switch my Navient loans were closed and new Nelnet loans were reporting, but the new Nelnet loans were reporting with my original loan date, so it added 10 months to my AAOA and also 10 months to my credit length history. Raised my score to the tune of 8 points on my EQ. so essentially it added four new accounts with old 2006-2008 dates
The second odd thing was my capital one card that I got during college (my first cc) which only had a limit of $500 was bumped to $2000. I asked for a CLI last year and they said no, so I called and asked and they said they wouldn't give me one since I didn't use the car, I complanined saying that I have credit lines of well over 10k and i would never use it with that low of a limit, they still said no. I never login and even check that account, but just so happened to check and boom the AUTO CLI, which seemed odd to me. I may have to use it now a couple times to show them I still care 👍😀
Anyone else have a similar experience with their Student Loans. I'm on the downside and hoping to pay them off this year, but thought that it was interesting how it took place on my CRs. Didn't think they would process like that. My old loans show (Transferred/Sold/Closed.)
Just past 6 months and interest rate is 22.9%. Will they pull credit report if I ask for lower interest rate?
Got this antique Orchard Bank card that got schlepped off on Cap One. At the time I was not thrilled at the prospects of being adopted by Cap One since from what I read online they were worse than HSBC. But Cap One gave me a CLI to $10k so I was happy.
Every couple of months I try the LUV button more for the free FICO than anything else. And, expectedly, I always get shot down usually for insufficient use. But I get my FICO, which was my original goal.
So two days ago I figure I'll go for another FICO and got the usual "under review" message. The past three months I've used my Cap One card a lot, but still had no expectation of getting a CLI. Today get the message than they increased to $15k. I'm shocked!
But no FICO.
I'm not sure if it's just because of holiday season or maybe Cap One really does like to see usage. Still, even though $15k is below average, considering it is from Cap One I will take it with gratitude.
One thing I noticed that's changed with the LUV button is that now it asks for your usual monthly CC spending. I wonder what effect that has in their decision.
Marriott is again running their 70,000 point bonus promo if you sign up for the Chase Marriott Rewards Premier card. You only need to spend $2,000 the first 3 months.
The typical bonus is 50,000.
A a card-member, you get a certificate for 1 free night every year. Typical rooms at their mid-level brands are 15,000-25,000 points, so in addition to the free night, the 70,000 points will give you another 3-4 free nights. You just have to look on a case by case basis. Many of the modest brands like Town Place, Spring Hill, or Fairfield can be had for 7,500-10,000 points per night, so 70,000 points would earn you a week or more.
One travel site estimates Marriott Reward points are worth a penny each. That would make this deal worth $700, plus the certificate for 1 free night.
The only drawbacks I can think of is that Chase is not the most generous in the game with CLIs, and CLI requests are typically hard pulls. Also, there is no annual fee the first year, but $85 thereafter.