General Credit Topics

[Icesis]

This company is USA Shopping Club, they give you a credit line of $7,500 to use with them and thier products only.  Their information is.........

USA Credit
One Millennium Drive
Uniontown, PA 15401

Our Phone Number: (800) 262-4192
Our Fax Number: (724) 430-2165
Our E-Mail Address:EDITED

Hours of Operation: Monday through Friday 9:00 A.M. - 6:00 P.M. Eastern Standard Time

They are on my credit report and I want them off of it.  Even though they show in good standing on my report it still doesn't look good with them on there.

I hope this helps everyone.

Please don't include e-mail addresses. Good find BTW.

Message Edited by llecs on 12-09-2008 03:27 PM

[Cleanmachine]

Not quite sure why you would close this account with a good credit limit and history.

You realize you will have a decrease in utilization on your credit reports.

I suggest you just leave it alone, especially if it's not hurting anything.

[Itsmeagain]

CMG Credit is part of the infamous USA Credit.  They are unscrupulous in their collection attempts.  Rip-off Reports has quite a few complaints against them.  It seems that they will debit your checking account without authorization.

Here's the link to RoR:  Rip-off-Report - USA Credit

             

[Icesis]

The reason why I do not want this company on my report is because even having too many liablitilies whether good or bad is still damaging to your report.  I learned this from my credit union last year when I applied for a loan.

[ByrdMan]

Adding 7500 to the denomenator without adding anything to the numerator of the util ratio can't hurt as badly as the affect of just having it as a liability (from a scoring standpoint).

[areletiagibson]

CMG is on my credit they name is USA Credit 724-437-3707

[rowill]

I have the same thing on my credit report that was opened in 2005. I don't remember opening it either. Their phone number is

(724) 437-3707. I called this number and found out that this company also goes by USA Credit and the credit line is for their online store USAshoppingclub.com only. When I called, they gave me my whole account number for shopping at this site, but I don't plan to do so. At the same time, even though I don't remember opening this account, I don't plan to close it. Think about it: It shows as a credit limit of $7500 on your credit report with a zero balance. Also, if this company wanted to do anything fraudulent or anything to screw us over, they would have done it already (your account was opened in 2003, mine in 2005). The way I see it, having this on my credit reporting and keeping it open is helping my credit score. High credit limits with low balances help your credit greatly. I would suggest keeping it open. 

[rowill]

exactly!

[drkaje]

Even if the limit were $1M, there's no way I'd let a fraudulent account sit there.

What if someone charges on the account and doesn't pay?!

[rootpooty]

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drkaje wrote:

Even if the limit were $1M, there's no way I'd let a fraudulent account sit there.

What if someone charges on the account and doesn't pay?!

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agreed