11-24-2009 11:47 AM - last edited on 11-24-2009 12:04 PM by LilMirth
I have an Emerge Mastercard that I have had for nearly 10 years (was Aria, PayPal, Providian) starting with a $250 limit. I presently have a $2300. limit. I pay in full every month and have never been late. In fact, I just received my new card. I'm on the website today to check the balance to pay and I see that I have no credit line or available credit. I call the 800 number and the CSR tells me all of the cards have been cancelled for all of their customers, effective 11/23/2009. Chase did the same thing to me with 2 of my WAMU cards with a $2000. credit limit each. I have a Discover with a $7500. limit and occasionally carry a balance and 3 Capital One cards with $500 each. I have never missed a payment on any of these cards since I have had them. (10 years) I think I'm going to sell some stock and pay everything I owe off and not worry about it. The most annoying thing (with CHASE and Emerge) is that you are not notified that the account is being closed, so you find out when you go to use the card (Chase). Is there a card I should get to replace these cards? I own my home so I don't foresee needing a mortgage, but I do like the convenience of a CC, particularly while traveling or buying on the Internet. Rant over, thanks for listening!
11-24-2009 11:50 AM
I recommend a good CU card, IMO.
11-24-2009 11:54 AM - last edited on 11-24-2009 12:04 PM by LilMirth
Thanks for the reply. Is a CU card one that I would get from my bank? Thanks.
11-24-2009 12:01 PM
CU = Credit Union
such as a local or,
and others. CU's tend to be a bit more stable and the CC's they issue less eradic.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO