01-11-2010 04:59 PM
Not saying blacklists are evil or unjustified, it would be good to have a list of CCCs that blacklist.
1. American Express: We all know they do and even AmEx acknowledges the fact that if you have ever caused AmEx a financial loss -- even as AU on an account where the principal cardholder did -- you are blacklisted for life or until you make good on the loss.
2. CrapOne: Although it is claimed that they do not, the fact is that they do.
3. HSBC: So, apparently, does HSBC. I have just seen a letter declining an application based on "HSBC Payment History" which seems to refer to a charged-off 1990 CompUSA account.
01-12-2010 05:59 AM
01-12-2010 12:18 PM
I’m not sure there are absolutes. Ex., a friend burned amex about 10 yrs ago, never paid it off, + was able to get an amex. I (who also burned amex @ around the same time, for a SMALLER amount) cannot as amex still remembers me. I’ve read about/know others who have been able to get back in w/amex W/O paying the ccs off.
Capital one- burned them 2x. never paid it off. Now have 2 new cap 1 ccs. When I applied, the chargeoffs were OFF my reports for about 2-3 years. Have received 2 CLIs each on the new cap 1 ccs.
Hsbc- burned them 4x. was able to obtain 2 orchards + a best buy reward zone mc with the old hsbc chargeoffs (2 of them anyway) STILL on my reports. However, I’m apparently blacklisted from CLIs as I’ve only gotten 1 $200 cli in nearly 3 years of having the new orchards (1 is now closed).
Supposedly citi blacklists, but I know people who have gotten back in w/them W/O paying the ccs off.
01-12-2010 12:24 PM - edited 01-12-2010 12:48 PM
CAPITAL ONE, SURE? Maybe....
After Closing an account some time ago, there is not CLI any more, or mail Offer from CAP1
"6. Closing or Suspending Your Account. You may request that your account be closed
by calling or writing our Customer Relations Department. At the time of your request,
we will provide you with additional details on closing your account. This may include
payment information. If you use your credit card or charges post to your account
after you ask us to close your account, we can keep your account open or reopen it.
We may close or suspend your account and your right to obtain credit. We may do
this at any time and for any reason, even if you are not in default. A suspension of
your account can be permanent or temporary. If your account is closed or suspended,
you must stop using your credit card and account. You must also cancel all
preauthorized billing arrangements to the account. We will not do this for you. If we
close or permanently suspend your account, you must also destroy all credit cards
and account access checks. You must still pay all amounts you owe us on the
account, even if they were charged after your account is closed or suspended."
01-12-2010 03:32 PM
01-12-2010 07:56 PM
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.