Reply
Frequent Contributor
Posts: 309
Registered: ‎07-19-2010
0

GEMB

I've had GEMB as the creditor for my Sears, Lowes, PayPal, and a few other credit card accounts.  I wonder if when you apply for a trade line (such as Macys or Bloomingdales or Home Depot) you aren't routed to GEMB based on your credit profile, and whether there may be better (i.e., lower interest rate) credit lines for "preferred" customers from other than GEMB as far as the credit card is concerned? For example Havertys has their own credit financing but they use CitiFinancial for folks with lower scores.  Does anyone have any insight on this?

Frequent Contributor
Posts: 356
Registered: ‎06-25-2009
0

Re: GEMB

Are you sure that Haverty's has their own financing? I think the only financing they offer is through Citi.  It would be odd for a company as large as Haverty's to not to use an outside company for financing...

AMEX Blue Cash - $15k, Lowes/GECRB - $10K, PNC - $10K, CIti Diamond Preferred - $10K, Home Depot/Citi - $7590, Best Buy Store/HSBC - $7400, Citi Platinum Select - $7150, Best Buy RZMC/HSBC - $5750, Dillards/GECRB - $4350, Discover More - $3600, Cap 1 Cash Rewards - $3000, Amex HHonors - $2000, State Farm - $2000, Cap 1 MTV - $1500
Epic Contributor
Posts: 23,341
Registered: ‎10-23-2007
0

Re: GEMB

 


gangof4 wrote:

I've had GEMB as the creditor for my Sears, Lowes, PayPal, and a few other credit card accounts.  I wonder if when you apply for a trade line (such as Macys or Bloomingdales or Home Depot) you aren't routed to GEMB based on your credit profile, and whether there may be better (i.e., lower interest rate) credit lines for "preferred" customers from other than GEMB as far as the credit card is concerned? For example Havertys has their own credit financing but they use CitiFinancial for folks with lower scores.  Does anyone have any insight on this?

 

Sears is citi, the sears mastercard is either citi or HSBC.

Macys is department store national which is citi, same for bloomingdales

home depot is also citi.

 

I only know of a couple places that have back up financing for lesser credit, (Sears, Temper Pedic, Capital One Auto use to have RoadLoans, I'm sure a couple more.

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:

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 based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.