@jakemod1 wrote:
The reason, most likely, is due to all of those accounts that you applied for within a short span. The fact that you requested two CLIs, were denied, and then continued to seek credit set off a high risk flag, especially since all of those accounts were through GECRB. You looked desperate from their perpective, and thus, the account closures. They wanted to limit their exposure to you as much as possible...in your case, completely.
I would try calling them and ask to speak to a supervisor and explain your situation. They might not re-open all of your accounts...pick one or two that you want to keep and ask them to re-open those for you. More importantly, do not apply for any more cards until you get this situated.
If you are succesful with re-opening your account(s), let your inquiries and accounts age for 6 months to one year before you apply for more cards. If I may ask, why did you decide to open all of those accounts?
Good luck!
+1
@FabulousDtheBruin wrote:
I tried to open all the new Accts. because these are all Accts. I definitely want, and if I open them up, say in two years later, it will screw with my AAoA and also I just got a new car and I want the Chevron rewards and also I want to lower my utilization because I did BTs on my Citi card (great zero percent promo) and on my 15 month Freedom, for my down payment. So I want to decrease my utility and I know GECRB is good at high limits!
Do NOT use this reason when you call GE. NO creditor cares about you trying to pad your AAoA for the future, nor do they care about helping you lower your utilization. The 2nd reason especially, would sound to anyone that you're high risk more than anything else. They will interpret as you basically maxed out your cards, and are trying to new accounts to pad your over CL and lower utilization. This line of reasoning does not fly with any creditors. If you need to lower your overall utilization, pay down your debt. This is the only valid solution in their opinion. DON'T mention anything about them being generous with high limits. Just act ignorant on that for now.
So when you call, try to tell them and explain about how you have different cards for different purposes and talk about how each card is going to serve its purpose in your daily life (rewards, etc....).
Best of luck! Sorry to hear about this.
@Tanyasf wrote:
For my understand .GE "Edit".but they love TS .one of my TS friend call said she is TS . Her banana rep increase to $9000 form 700
Stop trolling. If you want to troll, go troll elsewhere at helpfeedthetroll or something.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
*8/10/13