topic Re: Credit One Wants Me Back ! in Credit Card Applications

Credit One Wants Me Back !

stinastina — Fri, 22 Mar 2019 02:49:32 GMT

They keep sending me letters and emails offering up to a $2k credit line. I have a couple of cards that are at $1500 and refuse to give me any cli at all (Penfed Promise and Barclays Apple). I'm in the garden at the moment but wouldn't it be better to have cards that grow as opposed to cards that won't ?

Re: Credit One Wants Me Back !

Jnbmom — Fri, 22 Mar 2019 02:50:47 GMT

Ummmm credit one NO NO NO...............................

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 02:51:04 GMT

Kill it with fire!

Seriously, you have enough cards for a successful rebuild, I would let what you have mature and then go for cards with non-predatory issuers.

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 03:00:04 GMT

Agreed with the others. Credit One has no business in your wallet. Your cards are far and away better than that, And aging your accounts and paying them low to increase your scores will eventually be rewarded.

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 06:43:10 GMT

Just say no....there is a reason they are an EX.

Re: Credit One Wants Me Back !

FireMedic1 — Fri, 22 Mar 2019 08:21:24 GMT

FICO could care less what the name is on the card. Your in good shape for rebuilding for now. Take the letters and donate them to a local kindergarden and they can make paper airplanes out of them. Or use them to start a fire in the firplace. Whats that saying? Oh! Just Say No.

Re: Credit One Wants Me Back !

Jnbmom — Fri, 22 Mar 2019 08:40:55 GMT

@FireMedic1 wrote:
FICO could care less what the name is on the card. Your in good shape for rebuilding for now. Take the letters and donate them to a local kindergarden and they can make paper airplanes out of them. Or use them to start a fire in the firplace. Whats that saying? Oh! Just Say No.

I completely agree FICO knows no name of course, but this brings back something that happened to me a long long time ago.

When I had started building years ago ( before we had to file BK) I was on the phone with a credit card company ( for the life of me I can't remember who I know big piece missing lol) anyhow I was trying to recon on a denial. As I stated I was building and only had a few subprime cards and wanted this "prime" card and was denied, I remember being on the phone with them and they were going over my report. The underwriter "seemed" to sort of pause and almost hesitate while mentioning my cards on my reports. Now call me paranoid, but I always thought that those cards when doing a manual review may have made me not look as good. I am sure there is no truth to this of course, but i have that in back of mind.

yes I know I am paranoid

Re: Credit One Wants Me Back !

pinkandgrey — Fri, 22 Mar 2019 13:44:41 GMT

NOOOO don’t do it!!! Lol

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 13:58:06 GMT

You worked hard to bring your credit profile to where it is now. Keep on growing with the cards that you have. Credit One has no benefits for you whatsoever. Let your current accounts grow and as your profile improves more and get better prime cards down the road, you'll thank yourself for not falling prey to Credit One's predatory marketing.

Re: Credit One Wants Me Back !

Blackswizz750 — Fri, 22 Mar 2019 14:01:24 GMT

Just no to Credit One. You will also pay out the wazoo for their credit.🏧

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 14:04:46 GMT

Don’t do it; they are a borderline predatory lender

Re: Credit One Wants Me Back !

JaseT — Fri, 22 Mar 2019 18:39:19 GMT

@Anonymous wrote:
Kill it with fire!

Seriously, you have enough cards for a successful rebuild, I would let what you have mature and then go for cards with non-predatory issuers.

You can't! It came from hell so it's impervious to fire!

Re: Credit One Wants Me Back !

Anonymous — Fri, 22 Mar 2019 22:58:33 GMT

I got a pre-approval in the mail......for 35.99% interest!!

I laughed all the way to the trash can.

Re: Credit One Wants Me Back !

marcforza1 — Fri, 22 Mar 2019 23:11:25 GMT

I've been dodging Credit One and their letters for preapproval for several years since my rebuild. I get a letter from them a few times a month including Indigo, Avante and other like them for preapprovals. At one point last year, I almost pulled the trigger for Indigo but told myself to stay the course with the current cards that I have. I'm glad that I listened to the voice of reason during that time.

For what they charged for AF, you would be better off staying in the garden a little longer to eventually get a good card that's worth the AF. A lot of folks on here have mentioned that Amex is a good card to have and over time the CL will grow with their cards.

Re: Credit One Wants Me Back !

Streetervillelady — Fri, 22 Mar 2019 23:16:58 GMT

Prince.gif

Re: Credit One Wants Me Back !

fritscher — Sat, 23 Mar 2019 14:17:45 GMT

I would not do credit one ..

Re: Credit One Wants Me Back !

joltdude — Sat, 23 Mar 2019 22:21:36 GMT

Friends don't let friends needlessly drive a jalopy card from Credit One.....

You don't need or want this.....on automated approvals/underwriting it is supposedly the same as any other card, but on manual review.... Human eyes know who these lenders are.... and (this is my hypothesis) it can tip things out of your favor.....

-J