I would rather have a true charge card where the balance is due in full each month or a regular credit card. The no pre set spending limit cards are hybred product that trys to combine the features of credit card and a charge card. The differnece is you dont have to pay in full each month and the bank can collect interest on the account. Because these types of accounts do not report the ssme from creditor to creditor we as the consumer are impacted and should not be. The interesting thing is it was Chase that reported the information to them and then retracted what they had said. I have a very negative opinion of Chase as a whole.
FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican CU
Pelican State CU Redstone FCU
