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Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013

Comenity is Great

It's so easy to close accounts with them. Just go through their automated system. No need to speak to agent trying to sell you on the benefits of keeping it open or any such nonsense. just a few prompts and bam! done. Even got a faxed confirmation that it's closed.


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Valued Contributor
jsucool76
Posts: 2,769
Registered: ‎12-11-2011

Re: Comenity is Great

Sometimes the retention department is the best department to talk to though...

Sure, sometimes they'll just be like "ok" but other times you can get CLIs and crap.
Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013

Re: Comenity is Great

Wasn't my goal with my Express, Jcrew and victoria's secrets cards. I just wanted them close quickly and easily.

 

Now, perhaps something like my very old cap1 card, yes, I'll go for a CLI when I call to close that once I get the US Cash+ card. If they give me another CLI and APR reductions, I'll go for it and keep them.


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Frequent Contributor
WarJar101
Posts: 341
Registered: ‎08-14-2012

Re: Comenity is Great

[ Edited ]

Why would you close the CapOne account NJ? Don't ruin your AAoA. Yeah, I know it'll keep reporting for 10 yrs, but then you'll take a hit then after the fact.  At the very least SD it. Talk to the EO office, if you don't get what you want they'll definitely manage to meet you half way. Also, they're really nice folks.

Cap One Platinum MC $2.5k CL (08/12)
Citi Forward Student Visa Card $1.5k CL (09/12)
Express NEXT Card $0.25k CL (02/13), Jcrew CC $0.7k CL(02/13)
AMEX PRG NPSL (03/13), AMEX Gold Delta Skymiles 2k (03/13)
Walmart Credit Card $1.5k (03/13)
TU: 687 FICO (3/13) | EX: 692 Lender Pull (3/13) | EQ: 678 (4/1/13)
Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013

Re: Comenity is Great

Closing accounts doesn't hurt your AAoA.

DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Valued Contributor
kevinjjc
Posts: 1,296
Registered: ‎01-14-2009

Re: Comenity is Great


NJTurnpike wrote:
Closing accounts doesn't hurt your AAoA.

This is not entirely correct. It will still show on your credit reports for UP TO 10 years. Once it drops off, it will affect your AAoA.


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