Chase Card Cloned

[PotO]

A certain hotel restaurant cloned my Chase card and tried using it to purchase online air tickets from a site in Romania. Fortunately, Chase declined the charge as the merchant uses AVS.

 

Now I see the account on my credit reports as closed with N/A in every field except for status. For status it states "No Status".

 

Under Consumer Remarks it states: "Account in dispute under Fair Credit Billing Act."

 

WTF does this mean? When I activiate the new card will this change to reflect the new account data? Or will I get a whole new tradeline?

 

What else do I need to expect?

[JunkBuyersWorstNightmare]

You'll get a new TL.

Edited August 21, 2014 by JunkBuyersWorstNightmare

[shifter]

You'll get a new TL.

I've never had that happen before.

 

they change the account number and issue a new card, yes

 

but nothing changes on the CR, just updated account number.

[PotO]

 

You'll get a new TL.

I've never had that happen before.

 

they change the account number and issue a new card, yes

 

but nothing changes on the CR, just updated account number.

Ok. I'll wait until new card dhows up and see what happens with tradeline after that.

[TheScholar]

I actually read about this in some article about ways to increase your score. Apparently, sometimes when you report it stolen they close out that and open a new TL....and they both have the same opened date, so it shows like you now have 2 accounts with that open date. It seems that some people (at their own risk) use that to their advantage with a very old account. However, my fiancee's C1 card number has been stolen a few times and she never ended up with two TL's.

[PotO]

I actually read about this in some article about ways to increase your score. Apparently, sometimes when you report it stolen they close out that and open a new TL....and they both have the same opened date, so it shows like you now have 2 accounts with that open date. It seems that some people (at their own risk) use that to their advantage with a very old account. However, my fiancee's C1 card number has been stolen a few times and she never ended up with two TL's.

That's VERY interesting. That would be a rather slick way to add depth to a credit file.

[amandal0514]

 

I actually read about this in some article about ways to increase your score. Apparently, sometimes when you report it stolen they close out that and open a new TL....and they both have the same opened date, so it shows like you now have 2 accounts with that open date. It seems that some people (at their own risk) use that to their advantage with a very old account. However, my fiancee's C1 card number has been stolen a few times and she never ended up with two TL's.

That's VERY interesting. That would be a rather slick way to add depth to a credit file.

Wow...surprised this hasn't been discussed before. Maybe it has.

[Momof5]

I've had my cards stolen and reissued. Not all 3 CRs show the original account after the new one starts reporting. TU seems to hold onto them the longest.

[mj]

I'm now on my __FOURTH__ Macy's Amex this year. Same kind of deal - account # gets cloned and they try to use it for online charges.

 

In each case, Citi has been really great and on top of things, but the end result is the current accounts (Macys store, Macy's Amex) are closed and new ones opened. They transfer over all of the age and history, but my credit report is starting to look like I'm a Macy-holic - 10 entries for 2 accounts!

 

I've had one Chase card compromised and they reported it lost/stolen, and the new tradeline reported with the old data.

 

Good luck,

mj

[BDK]

 

 

I actually read about this in some article about ways to increase your score. Apparently, sometimes when you report it stolen they close out that and open a new TL....and they both have the same opened date, so it shows like you now have 2 accounts with that open date. It seems that some people (at their own risk) use that to their advantage with a very old account. However, my fiancee's C1 card number has been stolen a few times and she never ended up with two TL's.

That's VERY interesting. That would be a rather slick way to add depth to a credit file.

Wow...surprised this hasn't been discussed before. Maybe it has.

 

It has. Some people have reported it. But it rarely, if ever, happens.

[TrevorHere]

A few years ago, I had my chase cards hijacked. It was right after I registered my then Starbucks card on their site for rewards. They attempted to have new cards (other chase cards I had) sent to their address. Chase reported that *new* address to the bureaus. Fortunately I was notified of the fraud before damage was done...

Edited August 21, 2014 by TrevorHere

[iH8cra]

A few years ago, I had my chase cards hijacked. It was right after I registered my then Starbucks card on their site for rewards. They attempted to have new cards (other chase cards I had) sent to their address. Chase reported that *new* address to the bureaus. Fortunately I was notified of the fraud before damage was done...

 

Did anyone get arrested?

 

How tempted were you to drive to that address?