Jump to content

Sign in to follow this  
David123

Should I call US Bank for a PFD first?

Recommended Posts

It's a secured card I used to have.  I made a payment that was larger than my balance which froze my account for a week and made a domino affect which was very negative.  So I stopped paying them until they made it right which they wouldn't.  Should I call them and feel them out about a PFD and reopening my account since it's a secured account anyway?  Has anyone had success with a secure card reopening your account once you become current after a few years?

Share this post


Link to post
Share on other sites

A WELL-WRITTEN letter to the executive offices MIGHT get you some relief, but you are going to have to do a copious amount of sucking up and admitting to your errors and poor exercise of judgment in the immature act of stopping payments.  That was the equivalent of the child who holds their breath and stomps around yelling "NO...NO NO NO NO NO!"

 

The fact that an account was a secured product does not change the scenario here.  The ONLY element that it introduces into the equation is what has been done WITH the collateral that was pledged to the account.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines