Re: I already paid Orchard AF, can I get a refund
02-10-2009 10:28 PM
If you close an account within 30 days of the AF being assessed, then you are entitled to a full refund. In many cases, if the creditor knows that you are closing the account as a result of the AF, they will negotiate by waiving it. However, Orchard seems to be one of the ones who does not care if they lose you and will play hard ball on the AF. One of the reasons I cut them loose the second year I had them, terrible CL, ridiculously high IR and an AF they were not willing to part with, overall not worth the trouble unless you have no better choice for rebuilding credit. Hope that helps.