Hi everyone,
I just took a 103 point hit on my FICO score this month and I was wondering if you guys and gals could give me some advice. I have a WaMu ex-Providian Visa and they have always had a credit tab that you could take a look at, I am going to post a screenshot of it. Chase started all of my trouble about six months ago by raising my interest rate saying I had too many cards, I went to their website and they gave me a card without me applying for it a $5000.00 flexible rewards appeared there then they increased interest rates across the board (2 cards) because they said I had too many accounts (the one they gave me without asking put me over the top I guess) they increased the rates for cards (2 cards) from other banks they were managing also!
I got angry after they would not help clear up the phantom card and cancelled all the Chase cards (big mistake as I've read here over the last day) Do you think I took the hit because of the credit to debt ratio with closing the accounts? 103 points in a month seems excessive, I pulled my Trans Union no lates at all on it, I'm going to get the other 2 tomorrow, should I get a myFICO product or is it too late now? Any help would be greatly appreciated, sorry for the long post but I could have gotten into even greater detail.
Message Edited by kaz on 01-24-2008 11:11 PM
Message Edited by kaz on 01-24-2008 11:15 PM
Message Edited by kaz on 01-24-2008 11:15 PM