I called yesterday to cancel my card and they told me theyd give me and increase but they ahd to do a hard pull and nothing was guarenteed. i ask them if the increase would be more than $1000. As my current limit is $300, and I need at elast $1000 to justify keeping Orchard. She apologized and said is all geerated by their computers and she couldnt tell me anything.
And she also said it was a chance they might pull all 3.
Starting Score: 620
@terren2000 wrote:I called yesterday to cancel my card and they told me theyd give me and increase but they ahd to do a hard pull and nothing was guarenteed. i ask them if the increase would be more than $1000. As my current limit is $300, and I need at elast $1000 to justify keeping Orchard. She apologized and said is all geerated by their computers and she couldnt tell me anything.
And she also said it was a chance they might pull all 3.
If I were you, I wouldn't waste my time with OB. I have had my card for a year now...charged heavy (@ $300 CL) and paid to anywhere from 0-9% util...and they STILL won't give me an increase.
Here's my take on Orchard Bank: They know they have many credit builders and rebuilders over a barrel. They are typically (along with Cap1) the first sub-prime lenders to give rebuilders unsecured credit cards after credit troubles. Canceling them means setting back the clock on accounts aging in some instances, so it really is a veiled threat to tell them "OK, well, I'll just cancel my account".
I just scored a Barclays VISA with no AF, so OB is getting the sock drawer until they loosen up a bit...just my take.
