topic Re: Duck Card = can't garden in Credit Cards

Duck Card = can't garden

jwright343 — Thu, 09 Jul 2015 19:10:39 GMT

Well after not using my Duck card for a whopping 3 months, they have closed it stating that i 'no longer fit withing their risk parameters'. I was thinking of applying for a Chase card but after seeing their 30 million fine for selling closed accts, I think I'll steer clear from them as well.

Re: Duck Card = can't garden

CreditMagic7 — Thu, 09 Jul 2015 19:21:16 GMT

http://ficoforums.myfico.com/t5/Credit-Cards/Duck-Card-Closed/m-p/4105363#M1156249

It's happened a lot lately.

Re: Duck Card = can't garden

taxi818 — Thu, 09 Jul 2015 22:22:34 GMT

Honestly even if you had used it yesterday. it was coming. they have been whacking everyone lately. regardless of limit. with the same excuse. even people with 800 scores getting the Ax. so no surprise. it is not anything against you. they just bit off more than they could chew.

Re: Duck Card = can't garden

kdm31091 — Thu, 09 Jul 2015 22:26:09 GMT

That's the problem with jumping on the bandwagons. There is always a catch.

Re: Duck Card = can't garden

Anonymous — Thu, 09 Jul 2015 22:27:53 GMT

Loss of a credit line results in necessity to apply? Please explain this phenomenon.

Re: Duck Card = can't garden

Existentialist — Thu, 09 Jul 2015 23:07:40 GMT

Not as uncommon as some might think. Still frustrating regardless.... but not uncommon.

Re: Duck Card = can't garden

kdm31091 — Fri, 10 Jul 2015 00:24:32 GMT

@Anonymous wrote:
Loss of a credit line results in necessity to apply? Please explain this phenomenon.

Awhile back everyone and their mother was applying for the Duck card because somehow, a loophole allowed almost anybody to get in despite the origins in Oregon. Evidently, they got spooked from too many applicants and the closures began.

Anything that seems too good to be true probably is. For example, I have a strong feeling that although Cap One won't slash limits for existing Ventures they will almost definitely lower starting limits very soon. Doubt they will give out $20k limits forever on it.