Still not a word outta Fred Meyer/Krogers/CITI. No INQ, no letter, no nothing.
But, Chase gave me a $400 CL CC. Here's my begging, pleading, groveling recon letter.
Thank you for considering my credit application, and I know that my credit reports show a less than ideal applicant. However, I am writing today to ask that you reconsider my application.
I have maintained current car payments on two vehicles over the past six and a half years, I have paid down most of my debt, and I have maintained an almost perfect recent payment history with only one late payment in the last five years. The single biggest bad marks on my credit reports are two accounts with Pentagon Federal Credit Union (PFCU).
Over the last five years, I have contacted PFCU on several occasions and offered to repay the debt at $200 a month until paid in full. This is twice the minimum payment on the monthly statements they continue to send me, and they have refused to talk with me. The collection agency to which they assigned the debt refused to accept any form of monthly payments and insisted upon a lump sum for almost the full amount—which I did not have. When they handed the account over to an attorney, I contacted the attorney and he readily accepted $200 monthly payments on the debt. I will never understand why PFCU was unwilling to accept $200 a monthly directly from me in 2002, when I first extended the offer, but the attorney retained by PFCU would so willingly accept these terms. This debt could have been paid in full almost three years ago, but instead my credit suffers despite my willingness to pay the debt I owe.
When my wife and I fell behind on our debts after several job layoffs about seven years ago, Chase was willing to work with us to repay our debts. We thank you for that.
Whatever your decision, thank you again for considering my request.
That's a great letter Noah, I'll try and use that same letter too.
American Express Blue Cash Everyday; American Express Everyday; Barclay's AAdvantage Aviator World Elite MasterCard; Citi Thank You Premier World Elite MasterCard; Citi Double Cash; Navy Federal cashRewards Visa Signature Card.
Can anyone confirm/comment on this regarding Capital One? Isn't the high limit the highest balance you have had on that card, ever, and not considered in your score? Isn't it the current balance that applies for Util? I have a Capital One CC and I'm pretty sure they report my balance accurately, and my Util isn't being calculated with a 100% from CapOne. As far as reporting the high limit goes, I'm pretty sure all of my CC report the highest balance I have ever had with them, as well as my current balance.
Sorry, I thought the post I was trying to quote would appear with my message above. I was referring to the message about Capital One; where apparently the credit limit is reported as the balance thus resulting in 100% Util? I'm not really sure what the post was really about but I think it was back on page 1. Also, does this recon method work for credit limit increase denials? I just asked Wells Fargo for a CL increase on my existing visa and they denied it. Thanks.