topic Re: My turn on the Barclays AA gallows in Credit Cards

My turn on the Barclays AA gallows

woodyman100 — Sat, 06 Aug 2016 05:10:10 GMT

Jet Blue went from 14,000 to 1,000 $0 balance

Arrival went from 10,000 to 1.450 $1271 balance (PIF monthly. All my utilities were on this card)

Ring went from 20,000 to 3,200 $3000 balance. Paying off a slab from building my house.

I guess my last spree spooked them.

NFCU hit me with 7 TU inquiries when I joined and apped for the products (every time I called on the LOC it was another pull.

I paid everything off and removed all of my bills from the cards.

I'm going to quickly use my $370 in rewards as soon as the payment clears and then SD them and let what ever will be will be.

I have Jet Blue points, but they are safely with Jet Blue

Re: My turn on the Barclays AA gallows

Gmood1 — Sat, 06 Aug 2016 05:18:51 GMT

Sorry for your troubles Woody. If I were you, I'd put them on the gallows after cashing the rewards.

Re: My turn on the Barclays AA gallows

woodyman100 — Sat, 06 Aug 2016 05:24:02 GMT

I might do just that. They will be of little use to me after this.

i will probably close my 3 cards and DW's 2 cards.

im just worried that they will balance chase the arrival before I can charge a plane ticket

@Gmood1 wrote:
Sorry for your troubles Woody. If I were you, I'd put them on the gallows after cashing the rewards.

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 05:30:00 GMT

Ouch, so sorry

I have a barclays, but from what I've seen in the last month or so, you can't really rely on them.

Im not going to waste energy or hp on trying to grow it. I am just going to hold on until I am able to replace it.

Re: My turn on the Barclays AA gallows

CreditMagic7 — Sat, 06 Aug 2016 05:35:49 GMT

Now that my only Barclays Card (Ring) is history from a Proactive closure, this is yet another in a whole string of these where i had seen enough and took action before they did.

Holy Sm*kes they carved the very tissue out of every line of yours with that.

All that can be added at this point is to echo what's already been said, sorry it happened but they are notorious for this and looks like those TU pops by NFCU indeed triggered the worse of the worse from them.

Ugh.

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 05:41:42 GMT

@CreditMagic7 wrote:

Holy Sm*kes they carved the very tissue out of every line of yours with that.

Literally to the BONE! No meat left anywhere! Possibly even tried to suck the marrow out. 😣

Re: My turn on the Barclays AA gallows

woodyman100 — Sat, 06 Aug 2016 05:44:31 GMT

@CreditMagic7 wrote:
Now that my only Barclays Card (Ring) is history from a Proactive closure, this is yet another in a whole string of these where i had seen enough and took action before they did.

Holy Sm*kes they carved the very tissue out of every line of yours with that.

All that can be added at this point is to echo what's already been said, sorry it happened but they are notorious for this and looks like those TU pops by NFCU indeed triggered the worse of the worse from them.

Ugh.

I had issues with Equifax not unfreezing correctly and every time I would call NFCU to tell them I think it's cleared up, they would attempt a double pull. Of course Equifax would still be frozen but TU would pull like a pet Clydesdale

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 06:00:50 GMT

So sorry. That sucks. I didn't think they got spooked by sprees too? I'd never go back to them if they did that.

Re: My turn on the Barclays AA gallows

CreditMagic7 — Sat, 06 Aug 2016 06:07:04 GMT

You know woodyman100, you been on this forum a lot longer than i have and it's always been so very obvious even from my end anyway, that you are and continue to be very responsible with your profile, make adjustments like anyone else, etc.

And it is this very thing that always crops up from Barclays that gives a member serious trust issues in them.

The above member who suggested that they can't really be counted on is 100% spot-on about them and is why i flushed them out when i did.

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 06:13:02 GMT

@CreditMagic7 wrote:
You know woodyman100, you been on this forum a lot longer than i have and it's always been so very obvious even from my end anyway, that you are and continue to be very responsible with your profile, make adjustments like anyone else, etc.

And it is this very thing that always crops up from Barclays that gives a member serious trust issues in them.

The above member who suggested that they can't really be counted on is 100% spot-on about them and is why i flushed them out when i did.

It definitely gives you something to think about. I wanted to get rid of most store cards and grow my bank cards but who do you trust????

+10000

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 06:25:08 GMT

We need a thread of lenders who don't spook easy. I pif, but there may come a time where I want/need to carry a balance. I don't want to be a nervous wreck the entire time.

It would have been 1 thing if the op had maxed out most of their cards or was even at 80% utility over all. But to have your limits sliced to less than nearly 10% just from pulls??? That's nuts imo.

Re: My turn on the Barclays AA gallows

Dalmus — Sat, 06 Aug 2016 12:00:00 GMT

I'd be curious to know if a CSR would tell you why they felt AA was necessary. If it really was the TU inquires, maybe you could talk them into reinstating the limits after a manual reviewer sees why the inquiries are there.

Then I'd pay off the balances and SD them for good.

Re: My turn on the Barclays AA gallows

woodyman100 — Sat, 06 Aug 2016 12:02:11 GMT

I knew I was playing with fire with all of the new accounts and turn over in my profile.

I really liked my arrival and TREASURED my ring.

The ring was a sign of my accomplishment in rebuilding. I guess it still is. It's a sign that I took the game some of us play just a weeeeee bit too far

time to dial it back.

Re: My turn on the Barclays AA gallows

kdm31091 — Sat, 06 Aug 2016 12:33:30 GMT

Within how short of a period did those 7 NFCU inquiries occur? Sometimes, you can call Barclay's, explain the situation, and get the limits restored.

Anyway, while AA is always unfortunate, sometimes it is a reminder to slow down with your credit seeking. Try not to take it in a sense of "Barclay's sucks" or "avoid Barclay's". While they are quick to AA, the only way you'll learn from it is by modifying your future behavior so it won't happen with other creditors, because they all do it. Good luck.

Re: My turn on the Barclays AA gallows

baller4life — Sat, 06 Aug 2016 12:37:55 GMT

woodyman, the world knows I'm not a Barclays fan. But call their Portfolio Credit dept(number in Backdoor Numbers thread) on Monday and try to get your limits restored. The cld came from them and they will tell you exactly why. Several members have been successful (including myself) explaining the issues that cause the cld. I just happened to be the one that threw them the deuces once they restored mines. Good luck!

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 12:49:45 GMT

OP - I'd suggest to give them a call and request that your limits be restored. Many situations have been documented here on the baord where Barclay did restore the limits when the cardholder spoke to an actual person.

Remember it is an automated system doing this as a result of an alogrithm. When you talk to a person, you can often get the voice of reason and get some help with getting your limits restored.

It still is not good that it happened, and I'm sorry to hear.

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 12:42:59 GMT

@Anonymous wrote:
It definitely gives you something to think about. I wanted to get rid of most store cards and grow my bank cards but who do you trust????
+10000

Agreed, Sandi

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 15:39:26 GMT

@Justagirl73 wrote:
We need a thread of lenders who don't spook easy. I pif, but there may come a time where I want/need to carry a balance. I don't want to be a nervous wreck the entire time.

It would have been 1 thing if the op had maxed out most of their cards or was even at 80% utility over all. But to have your limits sliced to less than nearly 10% just from pulls??? That's nuts imo.

This would be a nice to have such a list, justagirl.

I agree we should do our best to support the OP as it is not easy to come on this board and report AA. I appreciate how hard that must be to put it out there publicly, OP.

Sorry this happened, OP, and I hope it works out for you.

Re: My turn on the Barclays AA gallows

kdm31091 — Sat, 06 Aug 2016 15:18:44 GMT

@Anonymous wrote:
@Justagirl73 wrote:
We need a thread of lenders who don't spook easy. I pif, but there may come a time where I want/need to carry a balance. I don't want to be a nervous wreck the entire time.

It would have been 1 thing if the op had maxed out most of their cards or was even at 80% utility over all. But to have your limits sliced to less than nearly 10% just from pulls??? That's nuts imo.
This would be a nice to have such a list, justagirl.

Sorry this happened, OP, and I hope it works out for you.

I get what you are saying, but if we all just say "sorry this happened!" and such, is the OP going to learn anything? If they keep repeating the same behavior, AA can keep happening. Why not point out what they may want to do differently in the future? To me, that's more helpful in the long run.

Re: My turn on the Barclays AA gallows

Anonymous — Sat, 06 Aug 2016 17:07:06 GMT

kdm - the OP already stated he was well aware of his behaviors and what was happening in his thread. So in that situation it's not necessary to repeat what he already stated.

Pretty much anyone who has been on this board for more than five minutes is aware that credit seeking behavior can result in AA.

No need to repeat the same information over and over in many different threads across the board.

The most we can do is give people the freedom of choice to make their own choices and support them (as friends) in whatever decision they make. We may or may not agree with the decision.