10-10-2011 11:07 PM
Why leave the entry with the bogus info about Punjabs Centurion Bank. It is in bold type, several paragraphs and much more likely to be read than this post.
I think your response as moderator is insufficient.
...because whether a poster is correct or incorrect, we won't remove posts based on the content of the information. Otherwise, half the posts in these forums would be zapped, including some of mine, yours, and others.
Although it would be nice if people would edit their own posts when they find out they have given incorrect information to the extent practicable (and I am pointing that finger at myself as much as anyone else).
RyVision please edit the false information from your post.
I almost edited. Then I saw the word "false" and being that it's not totally false, only a bit exaggerated for lack of "little details" about different countries and the way banks are all over the world etc. I'll cross out some things as exaggerated, but not necessarily false.
I have to admit, my post on above was not the focus of my day. The important part was addressing the backdating issue, the details of the companies themselves aren't really part of the answer to the question, only a bit of an explanation as to a POSSIBILITY as why they may have to search archives.
If you want to fact check, I'll help. I would have accepted a request to remove "somewhat erroneous information" but not flat out term "false".
Now read and decide for yourselves.
Carefully (there's a name of a bank mentioned later in class) read the second paragraph: http://www.dnb.co.in/topbank2009/methodology.asp
The suit filed by members over outsourcing to other countries http://classactionlawsuitsinthenews.com/class-acti
The actual filing (kind of makes my point, page 11, article\line 46) http://www.courthousenews.com/2011/06/06/AmEx.pdf
Under "workplace" scroll to the bottom of the page, to the left of the picture of the office in Rome Italy and just above the heading "job satisfaction" you'll see the words "back office" or you can just edit and search for "back" and find the paragraph. http://en.wikipedia.org/wiki/American_Express_Bank
This is what "back office" means in this context: http://en.wikipedia.org/wiki/Back_office
Here, search for "American Express" which is the last paragraph under the heading "21st century" and right above the photo of the Standard Chartered Bank (about half way down the page): http://en.wikipedia.org/wiki/Standard_Chartered
Here look under "History" for the year 2005 (easy to find on page, near top): http://en.wikipedia.org/wiki/Centurion_Bank_of_Pun
Here look under "History" for 2008 (again easy find, 1\3rd down page): http://en.wikipedia.org/wiki/HDFC_Bank
Read and absorb all of it. Then tell me "that company" is all "here" in operations and all that info doesn't imply otherwise. "False" .. um, not really, other than the main company wasn't taken over by the others, only started doing some business together (like sharing customer files etc).
Feel free to research further if you wish. It would also be nice if people would also research deeper than their assumptions (or trust in a company's PR page) before claiming someone who has looked deeper, is making false statements. If anyone thinks companies go out of their way to tell the public who they're "in bed with" you're mistaken. Everything is kind of global now and sometimes it messes things up, like who knows where an old account is and how to find it.
10-11-2011 04:24 AM
I suppose I want to understand better... I was just added as AU on my DH AMEX Blue. It says Member since 11... not 04 when he became a member. Do I care about that as long as it shows on my CR that I have his history? Someone please explain that to me? I've seen so many people comment about this, and it's making me think that perhaps it's a bigger deal than I'm able to understand.
I have three AMEX accounts, all opened in 2011. One of my cards shows the member since date as 2011, the other two show 1984. All three report as open in 1984. This is the date that matters to me.
I added my son as AU on one of the accounts. While his card shows 2011 his credit file shows the open date as 1984. His AAoA increased substantially as a result of me adding him on the account. As with me, this is all that mattered to him.
10-11-2011 05:50 AM
Okey-dokey, thread locked again for moderator review. And btw, there was research done the first time around.
10-11-2011 07:31 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.