topic Crown Jewelers no longer on Experian in Credit Cards

Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 10:37:35 GMT

I pull my CR everyday from CreditCheckTotal and Crown Jewelers disappeared starting On June 9. So the last 2 days it has not been on my CR but is still reporting with TU.

Anyone else notice this?

Re: Crown Jewelers no longer on Experian

haulingthescoreup — Wed, 10 Jun 2009 11:30:00 GMT

That's odd. Experian rarely has split files.

You might ask CJ if they're still reporting to EX.

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 13:48:58 GMT

CJ not reporting on EX is a systemic problem, and many people have reported the same. According to someone who called CJ because of this, they have some issue with EX they need to fix. They intend to do this quickly.

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 18:25:16 GMT

@Anonymous wrote:
CJ not reporting on EX is a systemic problem, and many people have reported the same. According to someone who called CJ because of this, they have some issue with EX they need to fix. They intend to do this quickly.

Experian probably doesn't like the pay to play scheme that CJ has going on as far as reporting credit lines, at least that is what I hear alway. They consider CJ a boarder line phony tradeline reporter. That I'm afraid is why tradelines disappear every so often with them. Let us know if they return..my hunch is they won't, Experian may be cracking down. You know they are scumbags anyway.

King

Message Edited by 74king on 06-10-2009 11:25 AM

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:01:42 GMT

74king wrote:
Experian probably doesn't like the pay to play scheme that CJ has

Explain this for me.

74king wrote:
They consider CJ a boarder line phony tradeline reporter.

Explain this also for me.

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:15:43 GMT

@Anonymous wrote:
@Anonymous wrote:
Experian probably doesn't like the pay to play scheme that CJ has
Explain this for me.

I think the idea is that the jewelry CJ sells is vastly overpriced. If the $50 ring you just bought looks like it's worth $2, some might get the idea that, in reality, you are paying for the tradeline, not the jewelry. I heard EQ already came to this conclusion some time ago.

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:24:22 GMT

@Anonymous wrote:
@Anonymous wrote:
Experian probably doesn't like the pay to play scheme that CJ has
Explain this for me.
@Anonymous wrote:
They consider CJ a boarder line phony tradeline reporter.
Explain this also for me.

It is well known that Crowne Jewlers runs a pay to play (or pay to report tradlines) it's borderline. This depends on your level of legit reporting but I do know this, Experian fraudulant Specialist are always on the hunt for these pay to play, or pay to report schemes and they delete tradlines everyday because of it.

That's all I'm saying, it's well known that Crowne Jewlers is one of those companies that offers these services, stated income, limited verification, or no verification for that matter as a friend of mine has this very card.

Applied for it, they didn't verify anything according to him, just wanted him to make a deposit on some items he had to buy before they would report. "That's Pay to Play", your requiring a customer to pay or make a deposit for merchandise and your tradeline reporting is contingent upon this and under Experians reporting rules for vendors "NOT LEGITIMATE"

King

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:25:01 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Experian probably doesn't like the pay to play scheme that CJ has
Explain this for me.
I think the idea is that the jewelry CJ sells is vastly overpriced. If the $50 ring you just bought looks like it's worth $2, some might get the idea that, in reality, you are paying for the tradeline, not the jewelry. I heard EQ already came to this conclusion some time ago.

That too...Well said

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:30:54 GMT

Thank you both.Ive never hear of this.(pay to play) scheme..

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:40:18 GMT

74king wrote:
the pay to play scheme that CJ has

Just curious who else has this practice?

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:48:34 GMT

@Anonymous wrote:
74king wrote:
the pay to play scheme that CJ has
Just curious who else has this practice?

I don't know anyone else, but I'm sure their are many others. Offering these tradlines have become a very lucrative business just do a Google search they are everywhere. I would stay away from these sites..nothing but trouble cartercorp. These tradelines are bogus...or borderline bogus and subject to be deleted.

King

Message Edited by 74king on 06-10-2009 08:48 AM

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:50:24 GMT

74king wrote:
I don't know anyone else, but I'm sure their are many others. Offering these tradlines have become a very lucrative business just do a Google search they are everywhere. I would stay away from these sites..nothing but trouble cartercorp. These tradelines are bogus...of borderline bogus and subject to be deleted.

Yeah its not for me.I have plenty of trade lines,I was just curious for my own knowledge,And it would make for a interesting converation tonight at Poker....

Re: Crown Jewelers no longer on Experian

Anonymous — Wed, 10 Jun 2009 15:54:12 GMT

@Anonymous wrote:
@Anonymous wrote:
I don't know anyone else, but I'm sure their are many others. Offering these tradlines have become a very lucrative business just do a Google search they are everywhere. I would stay away from these sites..nothing but trouble cartercorp. These tradelines are bogus...of borderline bogus and subject to be deleted.
Yeah its not for me.I have plenty of trade lines,I was just curious for my own knowledge,And it would make for a interesting converation tonight at Poker....

Wouldn't it though

Later King

Re: Crown Jewelers no longer on Experian

valley_man0505 — Thu, 11 Jun 2009 18:36:17 GMT

Darn it. It is gone from mine too. I wouldn't have even noticed if I had seen others talk about it here. I wish I would have noticed this before I applied for Christian Community CU CC--I applied specifically cuz I knew they would pull EX. I guess I can always hope--their INQ hasn't shown up yet, so maybe CJ will get this fixed before CCCU does their pull...okay, not even I can think that positive.

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 18:44:56 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Experian probably doesn't like the pay to play scheme that CJ has
Explain this for me.
@Anonymous wrote:
They consider CJ a boarder line phony tradeline reporter.
Explain this also for me.
It is well known that Crowne Jewlers runs a pay to play (or pay to report tradlines) it's borderline. This depends on your level of legit reporting but I do know this, Experian fraudulant Specialist are always on the hunt for these pay to play, or pay to report schemes and they delete tradlines everyday because of it.

That's all I'm saying, it's well known that Crowne Jewlers is one of those companies that offers these services, stated income, limited verification, or no verification for that matter as a friend of mine has this very card.

Applied for it, they didn't verify anything according to him, just wanted him to make a deposit on some items he had to buy before they would report. "That's Pay to Play", your requiring a customer to pay or make a deposit for merchandise and your tradeline reporting is contingent upon this and under Experians reporting rules for vendors "NOT LEGITIMATE"

King

Sounds like pretty much every CC issuer. That being said the nature of what they do and now the do it has always been fishy.

Message Edited by creditwherecreditisdue on 06-11-2009 02:44 PM

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 19:10:51 GMT

@Anonymous wrote:

Sounds like pretty much every CC issuer. That being said the nature of what they do and now the do it has always been fishy.
Message Edited by creditwherecreditisdue on 06-11-2009 02:44 PM

I been trying to find out everything i can about this Crown Jewlers situation and It's not looking good for those who hold accounts Just got off the phone with a friend of mine, he works for Equifax only been there a few years.

But the skinny is as follows, some time ago Crown Jewelers was flagged by Equifax as being a Bogus merchant tradeline provider hence Equifax stopped reporting their tradelines because if anyone remembers Crown used to report on Equifax now it doesn't, thats the reason.

Now fast-forward to present day and Experian has flagged them as well, hence all of everyones tradelines disappearing overnight. CROWN JEWLERS I'm afraid might now be DEAD at least on Experian.

Trans Union is the lone gunman out there now and I would assume they aren't far behind Equifax & Experian.

King

Message Edited by 74king on 06-11-2009 12:10 PM

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 19:27:04 GMT

I too have been victimized by EX. Strange thing about it was that my FAKO went up 7 points?! Maybe it's not so bad.....

Well, I guess I can pretty much stop overpaying for jewelry. This will leave Macys as my oldest (rebuilt) account.

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 19:35:51 GMT

@Anonymous wrote:
I too have been victimized by EX. Strange thing about it was that my FAKO went up 7 points?! Maybe it's not so bad.....

Well, I guess I can pretty much stop overpaying for jewelry. This will leave Macys as my oldest (rebuilt) account.

I hope it's a blessing in disguise for everyone. Having to pay for that cheap overpriced garbage, just to maintain a tradeline, it's dispicable. Crown shame on you for this.

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 19:50:13 GMT

@Anonymous wrote:
I hope it's a blessing in disguise for everyone. Having to pay for that cheap overpriced garbage, just to maintain a tradeline, it's dispicable. Crown shame on you for this.

My friend, NO ONE put a gun to either my head, or anyone else's to get a CJ account. At the time, my credit was crap and all CJ wanted was $25-$50 every 9 to 12 months. That is hardly a reason to denigrate CJ. People knew the deal going in. I needed something, they had it but was going to charge a tiny payment.

Yes it was a scam, but it was a scam for our benefit, not against it. Now, if they're just going to only report to TU, then it will hardly be worth keeping them, then. Thankfully, I still have my real Sterling accounts.

All the same, I think CJ provided a very decent hookup. $2500 credit line to just anybody?! C'mon......who can beat that? Well when I applied, it was $1500...still though.

Re: Crown Jewelers no longer on Experian

Anonymous — Thu, 11 Jun 2009 20:03:24 GMT

Ex has stopped reporting CJ accounts in good standings, but I'll bet a dime to dollar that they will report accounts in negative standings.