Reply
Frequent Contributor
Posts: 451
Registered: ‎10-02-2011
0

Barclay..What a joke

They are in the business of playing with peoples credit.I guess my question here would be why open a account when your intentions are to close it as soon as its opened?And i am not really trying to hear that saying that they can do anything they want is their money.Well its our credit and is our life.Its a comon thing now this days with Mr 26% Barclay.I guess i am keeping my 9.99% PenFed card tight and warm. And i guess a little more respect as consumers 


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
0

Re: Barclay..What a joke

LOL at the entitlement.

 

It's their credit, not yours - they didn't make you apply.

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!
Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
0

Re: Barclay..What a joke

So they opened the account and then immediately closed it?  What was the reason for them doing this?


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Regular Contributor
Posts: 233
Registered: ‎10-03-2009
0

Re: Barclay..What a joke

Oh boy. Not another post on a closer. I just got them in December. Did they give you a reason why?

Filed BK 04/2011|BK Discharged 08/2011|Hard Pull I 12/05/2012 |


Starting Score: EQ 523 03/2012
Current Score: EQ 649 I TU 655 (02/2013) EX 672(01/2013)
Goal Score: 700 on all CR's 04/2013
Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
0

Re: Barclay..What a joke


Unique620 wrote:

Oh boy. Not another post on a closer. I just got them in December. Did they give you a reason why?


Yea looks like another one.  Looks like Barclay's is off to a nasty start 2013.


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Valued Contributor
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Barclay..What a joke


Repo-ed wrote:

LOL at the entitlement.

 

It's their credit, not yours - they didn't make you apply.


+1

 

Barclay is new account sensative so when you apply, get approved, they wouldnt know if you were going to apply for more credit after them. We make the choice to get new accounts and they have the choice to close any accounts that they lend. 


$100K in Credit
Last Credit Card App: 11/16/13
Established Contributor
Posts: 560
Registered: ‎09-29-2012
0

Re: Barclay..What a joke

Two closed accounts with two different banks. ...hmm...something you're not telling us?

 

 

Cuz the whole US bank reason is suspect, but now you got another bank closing your accounts.  

 

 

There has to be a reason.  What has changed in your credit profile?  What are the real reasons they are doing this?

 

I can see one closing, but two closing is either a coincidence or something real causing this to happen to you.

Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
0

Re: Barclay..What a joke


ccnewcc wrote:

Two closed accounts with two different banks. ...hmm...something you're not telling us?

 

 

Cuz the whole US bank reason is suspect, but now you got another bank closing your accounts.  

 

 

There has to be a reason.  What has changed in your credit profile?  What are the real reasons they are doing this?

 

I can see one closing, but two closing is either a coincidence or something real causing this to happen to you.


+1

 

I just seen that other thread about US Bank and there has got to be something else going on.


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Frequent Contributor
Posts: 451
Registered: ‎10-02-2011
0

Re: Barclay..What a joke

Is the same reason because i had opened a autoloan and a credit card from Penfed/9.99% for the credit card and 1.45% for the autoloan

So both accounts from a single inquire.They say that i had 3 inquiries from shoping for autoloan

I know why some one would say inquiries sensitive lender but where is the logic on the fact shoping for a better rate is a bad thing


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736
Regular Contributor
Posts: 207
Registered: ‎11-26-2012
0

Re: Barclay..What a joke

no offense but I find it really strange two completely different banks shut you off for an auto loan..your definately either hiding something or something you may not be aware of but there is definately something red flagging the banks

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.