Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 12-13-2008, 10:46 PM   #21
Full time employment: Posting here.
Ronnieboy's Avatar
Join Date: Feb 2008
Posts: 588
Originally Posted by brewer12345 View Post
Heh, I got a letter last week from bank XXX stating that my XXX credit card was now owned by YYY and since I hadn't used the card in over a year they were cancelling it. I obviously wasn't a profitable customer and don't really care, but I wonder how many people getting these letters are really hurt by it.

I got the same thing and I was torqued because I only had the card to keep an eye on my FICO score, one of its benefits (I guess the only one) was that I could check every month or get an email alert if it changed.

I would have charged a pack of gum once a year to keep it open but no such chance, just closed...goodbye

I don't want to spend my entire life at work. I deserve more. - Want2retire aka W2R
Ronnieboy is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-14-2008, 03:21 AM   #22
Dryer sheet aficionado
Join Date: Jan 2008
Posts: 36
Originally Posted by OAG View Post
I got a letter a few weeks back from Chase. In the letter they, in paragraph, 1) thanked me for being a good and loyal Chase customer. In paragraph 2) they told me they were canceling a Credit Card I have not used in two years. In paragraph 3) they hoped I would avail myself to some of their other services in the future. Banks, I think they are all going nuts.

I received the same letter from Chase.I applied for a cc with a different company over the phone and received instant approval,without stating income.I rarely use cc,but I like to keep several accounts open,to maintain a high fico score.It actually went up,possibly due to a higher limit on the new card.Thanks Chase!

liveitup is offline   Reply With Quote
Old 12-14-2008, 08:28 AM   #23
Thinks s/he gets paid by the post
maddythebeagle's Avatar
Join Date: Jun 2005
Posts: 2,450
Originally Posted by ziggy29 View Post
In some cases they are slitting their own throat. When you're struggling because borrowers can't pay you back, you make it harder for them to pay you back?
Makes perfect issuer is getting a bigger slice before you completely stop paying everyone

- Hurry! to the cliffs of insanity!
maddythebeagle is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Pre Paid Credit Card/ Gas Card or Credit Card nphx Other topics 4 04-29-2008 01:04 PM
APR vs. Interest Rate stephenandrew FIRE and Money 15 02-28-2008 07:03 AM
Best Bonus for Credit Card Expenitures -Frequent Flyer cards or Cash-back card? ScaredtoQuit FIRE and Money 19 04-21-2007 03:29 PM
Special 125% "Freedom Loan": 2 points and 13.653% APR calmloki FIRE and Money 40 04-13-2007 07:25 PM
Loan Transfer at 2.9% APR Frank Other topics 3 05-19-2004 05:17 AM


All times are GMT -6. The time now is 06:54 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.