I have an Orchard Bank secured credit card and I called the backdoor number and requested that it be unsecured. I had called last month and the person I spoke with told me to call back next month which I did today and I was told they would review the account and send a letter in the mail with their decision.
Has this happened to anyone else?
How long have you had it? Mine automatically went unsecured at 12 months.
How is your activity?
Chase sucks. I would be so irked!
I see no reason why Orchard would hoard your money now. I would push it to get unsecured. Not fair!!
You have more than proven yourself by now. Not to mention, atleast when I signed up it clearly stated it would unsecure with good history!!
I don't know what's going on at Orchard. I am awaiting their letter to see what it says, When I do the preapproval for the soft pull, it comes back approved at 14.99% and $59 annual fee, but I don't know what the limit would be. Since Orchard is my only cc, I can't even threaten to close it, so hopefull they will convert it and increase the limit. I have applied for the Discover Student card and was declined, as well as the Macys card and declined also. I am just going to wait awhile before I do anything else. I need more cc to improve my mix of credit. Hopefull my car loan will help when it starts reporting.
TU 669 9/6/09
EQ 660 8/31/09
EX 682 8/26/09 (LO pull) approved for car loan $24,000 at 5.49%
I have a bk from 7 years ago and a medical bill that I am disputing, these are the only 2 baddies. I called them to recon and they said to wait for the letter. I am not applying for anything for awhile
Thank you for your response. I was about to start worring about my mix. Now I will just have 1 CC with $300 limit, the car loan (which has not been reported as yet, picking up the car today) and I have student loan (all in good standing). No more applying for me for now. Hopefully Fico sees me as being good.
1 bk off 3/2013 and 2 accounts with lates that I am still GWing.
EQ 8/31/09 - 660
TU 9/6/09 - 669
EX 9/17/09 - 682