topic Re: Barlcay CLD in Credit Cards

Barlcay CLD

Creditaddict — Thu, 29 Oct 2015 22:00:57 GMT

Just received letter that they reduced my Wyndam Rewards from $5k to $1900.... ODD Number and annoying since I barely use the card and don't revolve debt.

Credit department already closed today so I have to call back tomorrow about reinstatement but I just really hate this bank... they are one of the only ones that randomly and so often CLD accounts and I'm just not okay with that.

Re: Barlcay CLD

Anonymous — Thu, 29 Oct 2015 22:03:47 GMT

That is bad.. Hopefully, when you call, they can resolve it. Keep us posted.

Re: Barlcay CLD

CreditCuriosity — Thu, 29 Oct 2015 22:05:40 GMT

Rarely use might be the issue thus they don't think you need the CL of 5k? Regardless wish you luck in getting 5k reinstated.

Re: Barlcay CLD

B335is — Thu, 29 Oct 2015 22:09:19 GMT

What did the letter say? It should give one or two reasons for CLD. Sorry to hear, they did it on two of mine so I immediately closed them.

Re: Barlcay CLD

Creditaddict — Thu, 29 Oct 2015 22:11:37 GMT

Serious Delinquency

Length of Times accounts have been established

TU 686

Re: Barlcay CLD

kdm31091 — Thu, 29 Oct 2015 22:13:49 GMT

With your overall exposure these things will happen sometimes, and we all know barclay is fairly sensitive. If you barely use it, you dont have much ground to stand on to push for reinstatement unfortunately

Re: Barlcay CLD

Creditaddict — Thu, 29 Oct 2015 22:16:01 GMT

@kdm31091 wrote:
With your overall exposure these things will happen sometimes, and we all know barclay is fairly sensitive. If you barely use it, you dont have much ground to stand on to push for reinstatement unfortunately

if they don't put it back to $5k I will close it as I am eliminating major credit cards and actually most of my store cards that don't have at least $5k.

Re: Barlcay CLD

fury1995 — Thu, 29 Oct 2015 22:17:09 GMT

Sorry CA but everyone knows Barclays love use and they are a jealous jealous animal.

It's kinda expected and I think you know it's about the usage, not the BS in the letter.

Re: Barlcay CLD

B335is — Thu, 29 Oct 2015 22:44:05 GMT

@Creditaddict wrote:
Serious Delinquency
Length of Times accounts have been established

TU 686

Seems kind of generic. They cited my recently opened accounts and inquiries. Hopefully they restore the limit for you.

Re: Barlcay CLD

Anonymous — Thu, 29 Oct 2015 22:47:46 GMT

Oh, Barclays...What a fickle bank. I'm so sorry about the CLD, CA. Barclays sometimes does reinstate limits though, so there's definitely hope.

Re: Barlcay CLD

Anonymous — Thu, 29 Oct 2015 23:16:38 GMT

@Creditaddict wrote:
Just received letter that they reduced my Wyndam Rewards from $5k to $1900.... ODD Number and annoying since I barely use the card and don't revolve debt.
Credit department already closed today so I have to call back tomorrow about reinstatement but I just really hate this bank... they are one of the only ones that randomly and so often CLD accounts and I'm just not okay with that.

By "barely use" do you mean you go 6+ months with no activity on the card at all? Or you just put $3 a month on the card?

Since I started with Barclaycard, I've been getting a new card every other month or so. I've not gotten any CLDs on Arrival or Sallie Mae, but I've not gotten any CLIs or rewards promos, either. I've been using Sallie Mae more in the last month or so, and did get a 0% APR renewal promo.

Re: Barlcay CLD

Creditaddict — Thu, 29 Oct 2015 23:20:03 GMT

I had not used it in probably three or four months and just last month set up reoccurring charge on it of $40.

Re: Barlcay CLD

Chilli — Fri, 30 Oct 2015 00:08:04 GMT

I'm sorry, CA.

Re: Barlcay CLD

Anonymous — Fri, 30 Oct 2015 00:18:32 GMT

So sorry this happened.

Re: Barlcay CLD

ddemari — Fri, 30 Oct 2015 00:18:43 GMT

Too much AA today!!!

Re: Barlcay CLD

Chilli — Fri, 30 Oct 2015 00:24:41 GMT

@ddemari wrote:
Too much AA today!!!

Yes, I agree.

Re: Barlcay CLD

Anonymous — Fri, 30 Oct 2015 03:20:15 GMT

I guess it makes since if you barely use it. I have always been told that they love a lot of usage. I use my rewards card like toilet paper on Taco Bell night.

Re: Barlcay CLD

Anonymous — Fri, 30 Oct 2015 06:59:17 GMT

Sorry to hear it! This thread actually made me pull my Barclay's cards out of the SD and put a couple of my other cards in. Better start using my Barclay cards a bit more.

Re: Barlcay CLD

Anonymous — Fri, 30 Oct 2015 07:36:56 GMT

@Anonymous wrote:
...made me pull my Barclay's cards out of the SD and put a couple of my other cards in. Better start using my Barclay cards a bit more.

You are not obligated to use their card!!...

Re: Barlcay CLD

redpat — Fri, 30 Oct 2015 08:13:26 GMT

@Anonymous wrote:
@Anonymous wrote:
...made me pull my Barclay's cards out of the SD and put a couple of my other cards in. Better start using my Barclay cards a bit more.
You are not obligated to use their card!!...

You are correct, but they are not obligated to keep your line in place with no usage. They like to see the swips and more swips.