Reply
Frequent Contributor
Posts: 466
Registered: ‎03-09-2011
0

I'm feeling a little lighter...

After much frustration with Capital One, I decided that enough was enough; and finally cancelled one of my cards with them.  I would have cancelled both, but I'm waiting for the other account to age for about six more months...

 

Never thought I'd feel so good about cancelling a credit card...but believe me, I do!  Smiley Happy


Enjoying your freedom? Thank a servicemember and their family!!!

In the garden since 05 Aug 14...
Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
0

Re: I'm feeling a little lighter...


digitaldiva wrote:

After much frustration with Capital One, I decided that enough was enough; and finally cancelled one of my cards with them.  I would have cancelled both, but I'm waiting for the other account to age for about six more months...

 

Never thought I'd feel so good about cancelling a credit card...but believe me, I do!  Smiley Happy


What did they do, that made you cancel it?

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: I'm feeling a little lighter...


digitaldiva wrote:

After much frustration with Capital One, I decided that enough was enough; and finally cancelled one of my cards with them.  I would have cancelled both, but I'm waiting for the other account to age for about six more months...

 

Never thought I'd feel so good about cancelling a credit card...but believe me, I do!  Smiley Happy


The subprime ego booster................axe on my friend!!!!!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
0

Re: I'm feeling a little lighter...

When you outgrow them cut them loose.  If you are stuck with a rebuilder it won't grow with you and you have to just shut it done at some point.

Established Contributor
Posts: 961
Registered: ‎12-21-2010
0

Re: I'm feeling a little lighter...

Love cutting up sub prime cards, and some prime if the piss me offSmiley Happy
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: I'm feeling a little lighter...


boomhower wrote:

When you outgrow them cut them loose.  If you are stuck with a rebuilder it won't grow with you and you have to just shut it done at some point.


+1

 

I did get a CLI with my HH CC but I just don't see the point in having it anymore with the prime cards I have now, and $59 AF to boot!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
Posts: 466
Registered: ‎03-09-2011
0

Re: I'm feeling a little lighter...


Repo-ed wrote:

digitaldiva wrote:

After much frustration with Capital One, I decided that enough was enough; and finally cancelled one of my cards with them.  I would have cancelled both, but I'm waiting for the other account to age for about six more months...

 

Never thought I'd feel so good about cancelling a credit card...but believe me, I do!  Smiley Happy


What did they do, that made you cancel it?


Just got tired of dealing with them telling me that my account wasn't eligible for an increase (come on, after almost three years; with no missed payments?), poor customer service, billing errors...

 

I could go on but, well, everyone knows how they are...


Enjoying your freedom? Thank a servicemember and their family!!!

In the garden since 05 Aug 14...
Frequent Contributor
Posts: 466
Registered: ‎03-09-2011
0

Re: I'm feeling a little lighter...


LS2982 wrote:

digitaldiva wrote:

After much frustration with Capital One, I decided that enough was enough; and finally cancelled one of my cards with them.  I would have cancelled both, but I'm waiting for the other account to age for about six more months...

 

Never thought I'd feel so good about cancelling a credit card...but believe me, I do!  Smiley Happy


The subprime ego booster................axe on my friend!!!!!



Thanks, LS!!  It's feels sooo good to let a subprime card go!  Smiley Happy


Enjoying your freedom? Thank a servicemember and their family!!!

In the garden since 05 Aug 14...
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: I'm feeling a little lighter...

Household is 1 of the 2 subprimes I have left (cap1 is the other lol) but i need to keep them awhile longer, i think i can get CLI's from them even though its extremely rare. HH is going down this week.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
Posts: 466
Registered: ‎03-09-2011
0

Re: I'm feeling a little lighter...


LS2982 wrote:
Household is 1 of the 2 subprimes I have left (cap1 is the other lol) but i need to keep them awhile longer, i think i can get CLI's from them even though its extremely rare. HH is going down this week.


Cap1 is my other subprime card as well, but I want to let that account age for a bit before letting them go...  Smiley Happy


Enjoying your freedom? Thank a servicemember and their family!!!

In the garden since 05 Aug 14...
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

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. 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.