11-20-2013 05:45 PM
So why did you obtain it knowing you wouldn't use it? Seems contrary in wisdom for cards to apply that serve a purpose.
At the time, I was aggressively pursuing any and all viable methods to increase my available credit across the board to "pad" my utility.
And considering all it took was a SP to get a new tradeline, I was okay with that.
I would say it essentially did end up paying off, so to speak.
Raising limits across the board (couple CLIs, couple new cards, etc) coupled with my rapid paying down of what revolving debt i had, i was able to continue getting accepted for much better cards thereafter;
I think the underwriters call it, pyramiding debt? or something? *shrug.
11-21-2013 11:46 AM
I like my J.Crew card. It's even better when its all on sale...lol. That's the only time I'll shop there.
11-21-2013 11:52 AM
11-21-2013 12:27 PM
Comenity closed one of my accounts for inactivity, but it was after several years of non-use. I imagine that you're fine for quite some while.
(Incidentally, it worked out to my benefit. I'd gotten that card back in my wild, pre-rebuild days when my credit was crap and I knew nothing. AND I racked up an awful 90-day late on the account back in the late aughts (2009, I believe?) By the time they closed me a few months ago, I no longer needed that CL or the age. I immediately sent them a GW asking them to delete the trade line. Which they did. Sayonara, 90-day late!)
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.
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.