Reply
Valued Contributor
Posts: 2,206
Registered: ‎09-11-2013
0

CITI is like an elephant (They never forget)

I had a BK in 1993 in which CITI was included (3 cards/total approximately $4,200) charged off due to BK.  I called CITI one day to see what the totals were because I considered repaying. if I could.  The representative wanted payment then and there, as if the accounts were currently due.  Since the accounts were included in my 1993 BK, they are ancient history, to me anyway.  Not to CITI.  I decided to see if I'm on that magical listing with CITI and apply.  Not sure what CRA they use, but I believe it's Experian which has a security freeze.  I received the following message:

 

Step 3: Approval Status Application Received

Thank you for applying for the Citi ThankYou® Card.
We sincerely appreciate your interest and after carefully considering your application we are unable to approve your request. You will receive written notification with the reasons for the decision. If you have further questions once you receive the letter, please call us at the number listed.

 

I checked Experian and Equifax, no pulls from CITI.  Will check TU tomorrow when I can pull another report, but I doubt any CRA was pulled.  I would safely assume that there is such a list and I have made it.  Not that I'm proud of that.  I acknowledge my past mistakes and have finally learned from them.  I'm sure the letter will say something to the effect of my past accounts since the above didn't say "Pending further review".  Obviously, CITI is well within their rights to extend, or in my case, not to extend credit again. 

EX FAKO 733/FICO 734 EQ FAKO 716/FICO 701 TU FAKO 732/FICO 706
Total Credit Limits: $394,690 (July 2013 starting credit limits totaled $2,700) - Goal SURPASSED (What to do now...)
current utilization: 3% - current AAoA: 1.8-2.4 years
In my wallet: Amex(25.1k), Barclays(12.9k), BofA(30k), Capital One (45k), Chase(10k), CITI(5k), Diners Club(30k), Discover(15.5k), 5/3(18k), Equality Visa(4k), Key Bank(3.5k), NASA FCU(5k), NFCU(65k), Synchrony(42k), USAA(42k), US Bank(5k), and Wells Fargo(37.5k).
Valued Contributor
Posts: 7,990
Registered: ‎10-21-2012
0

Re: CITI is like an elephant (They never forget)

Yes, that appears to be the case.  Citi, Chase, NFCU, BOA and definitely AMEX do have long memories.  However, there are instances in which some folks eventually are able to restablish a relationship with their past "burned" lender, but for other folks (even after 10+ some years) is still a no-go.

Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: CITI is like an elephant (They never forget)

AFAIK, if they were IIB they could not accept pyt. Others can correct me -bk is not my specialty.
Frequent Contributor
Posts: 425
Registered: ‎03-23-2013
0

Re: CITI is like an elephant (They never forget)

20 years is a long time. You would think they would have forgotten by now. Everyone makes mistakes.  Have you ever talked to them OP or recon?

Valued Contributor
Posts: 2,206
Registered: ‎09-11-2013
0

Re: CITI is like an elephant (They never forget)

@09Lexie and Fin,

 

I don't believe they could take the payment legally, but representative was prepared to take it.  I just called CITI and they said my application is pending due to freeze.  I won't be pursuing because I'm in the garden, so to speak.  On a side note, Chase was included in that 1993 BK.  They let me back in in March 2013 with the Chase Freedom after recon for $500.  I kept it for 6 months PIF then closed it in July.  Just applied and was instantly approved for Chase Slate a few days ago $2,500.

EX FAKO 733/FICO 734 EQ FAKO 716/FICO 701 TU FAKO 732/FICO 706
Total Credit Limits: $394,690 (July 2013 starting credit limits totaled $2,700) - Goal SURPASSED (What to do now...)
current utilization: 3% - current AAoA: 1.8-2.4 years
In my wallet: Amex(25.1k), Barclays(12.9k), BofA(30k), Capital One (45k), Chase(10k), CITI(5k), Diners Club(30k), Discover(15.5k), 5/3(18k), Equality Visa(4k), Key Bank(3.5k), NASA FCU(5k), NFCU(65k), Synchrony(42k), USAA(42k), US Bank(5k), and Wells Fargo(37.5k).
Valued Contributor
Posts: 2,206
Registered: ‎09-11-2013
0

Re: CITI is like an elephant (They never forget)

Based on the call to CITI, maybe I'm not on the list afterall.  I won't proceed because I don't think my stats are sufficient for the card.

EX FAKO 733/FICO 734 EQ FAKO 716/FICO 701 TU FAKO 732/FICO 706
Total Credit Limits: $394,690 (July 2013 starting credit limits totaled $2,700) - Goal SURPASSED (What to do now...)
current utilization: 3% - current AAoA: 1.8-2.4 years
In my wallet: Amex(25.1k), Barclays(12.9k), BofA(30k), Capital One (45k), Chase(10k), CITI(5k), Diners Club(30k), Discover(15.5k), 5/3(18k), Equality Visa(4k), Key Bank(3.5k), NASA FCU(5k), NFCU(65k), Synchrony(42k), USAA(42k), US Bank(5k), and Wells Fargo(37.5k).
Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: CITI is like an elephant (They never forget)

Any reason why you only kept Freedom open for 4 months?
Valued Contributor
Posts: 2,206
Registered: ‎09-11-2013
0

Re: CITI is like an elephant (They never forget)

@Pat,

 

I'm going for a 3x CLI with Amex on 10/28/13 on my BCP.  Depending upon what happens there, I might unfreeze and attempt a recon (doubtful, but possible).

EX FAKO 733/FICO 734 EQ FAKO 716/FICO 701 TU FAKO 732/FICO 706
Total Credit Limits: $394,690 (July 2013 starting credit limits totaled $2,700) - Goal SURPASSED (What to do now...)
current utilization: 3% - current AAoA: 1.8-2.4 years
In my wallet: Amex(25.1k), Barclays(12.9k), BofA(30k), Capital One (45k), Chase(10k), CITI(5k), Diners Club(30k), Discover(15.5k), 5/3(18k), Equality Visa(4k), Key Bank(3.5k), NASA FCU(5k), NFCU(65k), Synchrony(42k), USAA(42k), US Bank(5k), and Wells Fargo(37.5k).
Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: CITI is like an elephant (They never forget)

If you are waiting on a CLI with Amex, I wouldn't be applying for a new card. Inq's/accts just lower your CS.
Valued Contributor
Posts: 2,206
Registered: ‎09-11-2013
0

Re: CITI is like an elephant (They never forget)

@09Lexie,

 

Only stupidity on my part.  I asked for a CLI and they said they had to do a HP and I said no thank you and closed card.  I couldn't really do much with $500 CL based on how I use my cards.  I basically pay all my bills with my cards and then when I am paid, I pif all credit cards.  I only use 30% or less of available credit and pif before statement cuts so the $500 really wasn't working for me.  At that time, I didn't have the Discover or Amex cards.

EX FAKO 733/FICO 734 EQ FAKO 716/FICO 701 TU FAKO 732/FICO 706
Total Credit Limits: $394,690 (July 2013 starting credit limits totaled $2,700) - Goal SURPASSED (What to do now...)
current utilization: 3% - current AAoA: 1.8-2.4 years
In my wallet: Amex(25.1k), Barclays(12.9k), BofA(30k), Capital One (45k), Chase(10k), CITI(5k), Diners Club(30k), Discover(15.5k), 5/3(18k), Equality Visa(4k), Key Bank(3.5k), NASA FCU(5k), NFCU(65k), Synchrony(42k), USAA(42k), US Bank(5k), and Wells Fargo(37.5k).
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.