Credit Card Center Advertiser Disclosure†
01-05-2010 12:39 PM
01-05-2010 01:01 PM
Good idea about the cocoa, I think I am too loyal at times.
Household Bank, Chase (old WAMU card), and I app'd for a Discover More card 12/31 (to replace CreditOne)
The moniker is a truth about some things, a reminder about others. There is always more knowledge.
01-05-2010 02:12 PM
I just called to cancel a rebuilder card, one I've had for almost 4 years. The first company to extend me credit after my credit mishap that a great many of us go through in our teenage years. CreditOne Bank: charged me 24.99% interest, $6.95 a month for annual fees, and $7.95 a month to do an ACH transfer. All of which is certainly understandable for a rebuilder CC. What I don't understand is, why I have such mixed feelings about having just called and cancelling the account. On paper I definately made the right choice, but I still feel funny about ditching my oldest open account.
((((((( group hug )))))))
It'll be OK. Really....we're all here to help with your journey...and you should be proud that you have confidence enough in yourself to say bye-bye to your rebuilder card.
Think of it this way...now your credit line will go to someone else who is a few steps behind you on their rebuilding journey.
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.