09-11-2011 02:19 PM
It's so fun to call and cancel FP! I tried last week but they offered me 45 bucks to keep it open. Spent the 45 bucks on school clothes and then closed it.
Yip! Last week, of the 4 cards I closed 2 were HSBC cards, and it felt absolutely great to do so. The next day, I was approved too for a Discover card with a $1500 CL. It shocked the heck out of me - 8 years ago, Discover was one of my highest CL cards when I declared bankruptcy. I thought it would take a few more years befrore they let me back in. The ironic thing is that one of the HSBC cards I still have is a Discover Network card. It was the first card I got three years ago when I started rebuilding. It started with a $2100 limit but got decreased to $1990 a couple of years ago. I was debating closing this one too, now that I have "a real Discover," but I am thinking I should wait to see what HSBC and Capital One are doing. I have a couple of cards with Capital One too - And to be honest - I am fine keeping the Discover Card and just my Capital One MC and closing the Capital One Visa, which they refuse to increase and the HSBC Discover, just because I really do not like dealing with HSBC. Other than watching what HSBC and Captital One will do - I guess keeping these two would be good for the age of my cards- all gotten in early 2008 esxcep the Discover Card.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO