Question about freezing CRs

armbenderc · ‎09-23-2013

So, all of my CRs are frozen. Will I get any adverse action from lenders?

Can Amex still SP you? They havn't sp me since I put the freeze on all 3 reports.

Any idea? GE already told me that they cannot sp me for CLI unless I unfreeze.

Thanks.

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%

-Wade- · ‎09-23-2013

@armbenderc wrote:
So, all of my CRs are frozen. Will I get any adverse action from lenders? No

Can Amex still SP you? They havn't sp me since I put the freeze on all 3 reports. Yes, If you have one of their products

Any idea? GE already told me that they cannot sp me for CLI unless I unfreeze. If you have a GE Product. they can SP you .... They can not HP you with a freeze in place

Thanks.

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******

enharu · ‎09-23-2013

@armbenderc wrote:
So, all of my CRs are frozen. Will I get any adverse action from lenders?

Can Amex still SP you? They havn't sp me since I put the freeze on all 3 reports.

Any idea? GE already told me that they cannot sp me for CLI unless I unfreeze.

Thanks.

1. no AA from them just because you froze your reports. But they can still take adverse action against you for any reason (i.e. too high utilization, etc).

2. Your current creditors can still SP you. Other lenders can still SP you for promotional activities as well. Freezing = no HPs.

3. GE can SP you. Some lenders do not want to make any modifications to your account (CLI, Product change etc) when your files are frozen. It's just their policies.

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).

armbenderc · ‎09-24-2013

@enharu wrote:
@armbenderc wrote:
So, all of my CRs are frozen. Will I get any adverse action from lenders?

Can Amex still SP you? They havn't sp me since I put the freeze on all 3 reports.

Any idea? GE already told me that they cannot sp me for CLI unless I unfreeze.

Thanks.
1. no AA from them just because you froze your reports. But they can still take adverse action against you for any reason (i.e. too high utilization, etc).

2. Your current creditors can still SP you. Other lenders can still SP you for promotional activities as well. Freezing = no HPs.

3. GE can SP you. Some lenders do not want to make any modifications to your account (CLI, Product change etc) when your files are frozen. It's just their policies.

Good to hear that. I have nothing to hide. My util is currently 2% will be 0% again once the statement is posted.

My credits are frozen because of high INQ, EX 15, EQ 5, TU 6. It is also to prevent me from apply anymore CCs LOL

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%