I got one too! ... View more

sorry to hear about your circumstances but I'm sure you will rebound. You can think about what relationships you value the most before making a decision. From a financial perspective considering the balances and credit lines, if it were me I might keep paying on Wells Fargo and Discover. I think Discover reports to personal so it may continue to help with good history once the others start to report your negative history that right now aren't on your report at all. And Wells Fargo doesn't always have the best customer service but they can be flexible in lending. So if you maintain the Wells account in good standing, they may be more willing to lend to you years from now with an average or above average profile.   The 2 largest balances Chase and BoA I might let go. After they become delinquent you will have a few options. Call back after you are 60 or more days past due and they may lower your APR and permanently close the account in an effort to get you to pay; Or if you don't pay and the accounts are sent to collections you can negotiate a settlement for a lesser amount and hopefully not be sued. Good luck to you. ... View more

Congrats on your approval. I've experienced very friendly customer service from Barclays ... View more

Congrats! US Bank can be tough ... View more

Congrats! ... View more

Congrats! I've been considering the Amex Green. low AF and NPSL, not having to micro manage utilization are attractive features. ... View more

Congrats on your new CashForward :) ... View more

Congrats Nice CLI ... View more

Thanks!  ... View more

IMO they have become tighter on increases. For a while they were giving larger increases with the LUV button but I wouldn't be surprised if they modified the criteria, computer algorithum. I used to at least be offered a 1,000 increase.  My last offer was an increase of $150. They will soon find my sock drawer. ... View more

Date of Application- February 2016 Credit Profile- pulled EQ 620 Any BK on File if so how old- NO Any Charge Offs paid or unpaid- 3 charge-offs PAID 3-4 years old. 1 small collection UNPAID in dispute Prior history with Discover- Settled charge off for around $4,000 paid 80% 3-4 years ago Approved or Denied- Denied due to 'prior relationship with Discover'   I called in and spoke to a rep who although was very nice couldn't really answer my question as to why I was denied or how long I should wait before reapplying. He was able to access my old account which was paid 3-4 years ago and said although it shows paid on my CR there is a balance of $500 remaining and that even if I paid there was no guarantee of approval. Discover obviously has a long memory and calling in reminded me of the hit or miss customer service with their reps. I doubt I will apply for a Discover in the future but maybe this info will help someone on the fence about applying. ... View more

Lol I agree. ... View more

sorry this happened to you. keep in mind creditors do troll these forums for varous reasons. although you might be sad now IMO they did you a favor. the closed by credit grantor comment really doesn't mean much; its the account history that matters. pay the accounts off and move on.   I realize in this game of credit some believe its better to have the highest limits possible in order to have low utilization but having high limits and low utilization that might otherwise be perceived as high if the limit were lower, has the potential to be catastrophic. Life is unpredictable, could you imagine having even 1 30 day late on all of those accounts at once? my guess is your score would quickly drop 100+ points. not to mention sometime from a DTI perspective, less credit is better.   Everyone has their own way of handling credit; Im just thinking mayble these are some of the points that raised a red flag on AR. ... View more

Leasing isnt always a loser though usually it makes better long term financial sense to buy.   It sounds like OP may be self-employed in which case the auto lease could be a  partial tax deduction. It also sounds like OP may benefit from the car not being titled in their name with the open tax lien. The car wouldnt be an asset if OP is just a leasee and it may keep their DTI lower. Plus they could benefit from the credit reporting of the lease and then buy a car later  with a good rate when the lien is satisfied and the credit is better. ... View more

Generally you do need better credit for a lease but it still does not have to be perfect. Prepaying a lease generally doesnt help qualify because even by prepaying it doesn't change your financial picture. There is a chance you could damage the car, go over the miles etc. Someone with better credit is more likely not to excessively damage the car and if there are mileage or wear and tear charges they are more likely to pay at the end of the lease.   IMO you may qualify for a regular lease depending on the auto manufacturer if everything else on your reports is good besides the lien. With a single pay lease it would most likely be reported on your credit for one month showing the total amount then paid and closed vs. a standard lease where all your payments will be reported. If you dont qualify for a lease think about just buying a reliable car for cash. ... View more

Congrats! you got a good deal ... View more

if I were your friend I would try to locate the Spot delivery document that was in the papers they signed and see what the language says about how long the dealer has to offically obtain funding after approval. If that time has passed, I would just provide the info requested if it wasnt misstated OR I would inform Infiniti directly in writing that you need your account number to make the first payment, because you were approved and didnt receive notification otherwise within the timeframe allowed.   Another alternative if your friend does not want the vehicle and financing isnt completed- is to tell the dealer your friend will not provide the additional info because it wasnt an original stipulation when the contract was signed. See if the dealer will voluntarily return the down payment and your friend can return the vehicle if the deal hasnt in fact gone through.  A month is a long time so Infiniti may have to just fund the loan if your friend does nothing IMO. ... View more

you've been given some great advice already. I would think twice about this unless you are 110% sure you can afford this and wont be late. Your credit file isnt established enough so one late on a lease will tank your score IMO. If you want a car now why not consider buying pre-owned (especially if you have money down) then trading to something more expensive once your file is established. Also, you have a lot of credit cards with low limits. Maybe think about deciding which ones will grow and cut the rest. If you do decide to proceed there are first time buyer/college grad programs that will likely approve you. ... View more

the auto fico weighs installment loans heavily (not just auto loans). i dont know what your profile is like but if you have any late or charged off installment loans (mortgage, student, bank loans etc.) thats why your auto fico would be a little lower. the only way to raise it IMO is positive installment history. if you want to purchase or lease auto within the next 6 months continue paying on time and pay down any credit cards and you might see a small rise. If you want to purchase or lease more than 6 months out you can look into a small installment loan from your bank or credit union, and let them know you are willing the secure the loan with a CD if needed. ... View more

your credit doesnt need to be flawless to lease. If leasing be careful because there are more hidden charges and most people don't ask questions about the money factor. In your situation leasing might not be a bad idea to keep your debt to income/monthly payments low. if you decide to buy used, keep in  mind the interest rate will be higher regardless of credit because its a used vehicle. if you think you will keep the car longer than 3 years you probably should buy. and if you decide to lease its better NOT to put a lot of money down in most cases. ... View more

Ive used live chat in the past and successfully done PC. Im not referring to the "send a message" feature because Im aware they result in canned responses. ... View more

As you can see from some of the other stories US Bank is notorious for CLD/adverse action. They have a wide range of products but the customer service tends to be average. I would try to pay down your balances if you value the account/relationship with US Bank. However as people have suggested, it might be more realistic to take your business elsewhere to avoid nonsense like this in the future. A bank will always be able to find a legitimate reason for CLD if they search hard enough but with all the banks and CUs that exist, why not bet on another institution who has better customer service and engages in CLD/adverse action less frequently?! ... View more

$117 is a lot but i guess its a matter of perspective. I initially was willing to pay $117 to get good history to balance out some negative. even when my credit was perfect i remember giving Amex high AF for hardly any benefits. I would say now the cost of the FP might be $45 a year after they waive a portion of the fees. ... View more