topic Re: Von Maur Charge CL? in Credit Cards

Von Maur Charge CL?

Creditaddict — Sat, 27 Aug 2011 00:08:38 GMT

They seem to either set a fixed CL or do a bit of a floating charge account like Amex.

Does anyone have a card and what's your CL or the most you have ever had on the account?

Re: Von Maur Charge CL?

n777ua — Sat, 27 Aug 2011 01:43:19 GMT

AFAIK its always been a float. I've charged up to $2k in a month, and usually pay 90%. I leave a balance to make sure it reports. FWIW the folks at Von Maur credit are extremely friendly, and one of the only department stores left in the country that takes on their own financing (ie there's no bank to go through) And..I love the fact that there's never any interest, whether you carry a balance or not.

Re: Von Maur Charge CL?

Creditaddict — Sat, 27 Aug 2011 01:46:46 GMT

yes love that they back the card.

However it was not included in my ch 13 over 5 years ago but at some point during the bk I spent up over my usual so they had pulled credit and closed the account because of bk. I paid them off even though they could not send me statements and when my bk closed they re-opened but put a credit line in place... I spoke to them today and she wanted to hard TU, I told her I would call back next month because my debt would be paid off and my car refinance is at the top of my list before Von Maur. But was just kind of curious what other people have found.

they seem to be more concerned about monthly payments vs CL. I have never really paid more than minimum since no interest and I usually in past always spent enough to do 10 month club account, use to be over $300, now I believe it's over $500.

Anyway I have had up to a $350 montly payment before and that was about as high as they wanted to let me go at time.

Re: Von Maur Charge CL?

n777ua — Sat, 27 Aug 2011 01:50:21 GMT

When I filed BK7 years ago, ('99 I think) I had my lawyer draw up an agreement between myself and VonMaur, if I agreed to pay the account balance in full they would agree to keep the account open with no restrictions. They held up their end of the bargain, and I've been using my account ever since.

Re: Von Maur Charge CL?

Creditaddict — Sat, 27 Aug 2011 01:54:39 GMT

yes I had a contact and she agreed as soon as BK was closed they would open and they did... just didn't expect the hard limit I got.

Re: Von Maur Charge CL?

Red1Blue — Sat, 27 Aug 2011 06:02:50 GMT

I applied for online. I got message application received and they will mail the letter to me with the status.

Re: Von Maur Charge CL?

Creditaddict — Sat, 27 Aug 2011 20:07:13 GMT

All Applications are Manually looked at... If you apply in store you literally watch the screen with a little back and forth sliding bar for 3-5 minutes while underwriting looks at your report... They are EXTREMELY relaxed with financing and will start you as low as $200 for 6 months and each increase until you get on a moving CL is a hard pull but they are super nice. But I have had friends with terrible credit (540 TU) apply and get approved!

Re: Von Maur Charge CL?

MidnightVoice — Sun, 28 Aug 2011 14:55:42 GMT

Mine does not have a CL - it is just the highest I have ever used in a month (not much). And they only report to 2 of the 3 CRAs - not EX if I remember correctly

Re: Von Maur Charge CL?

Anonymous — Mon, 29 Aug 2011 00:00:14 GMT

We have one of these stores coming to GA. I'd never heard of them before. It looks like it's getting close to opening - I can't wait to check it out and maybe apply for their card.

Re: Von Maur Charge CL?

Anonymous — Mon, 29 Aug 2011 00:16:36 GMT

They're fancy... we have one here in Wichita at the mall but I never buy anything there because I can usually get something at JCPenney or Dillards for cheaper.

Re: Von Maur Charge CL?

n777ua — Mon, 29 Aug 2011 00:44:45 GMT

@Anonymous wrote:
We have one of these stores coming to GA. I'd never heard of them before. It looks like it's getting close to opening - I can't wait to check it out and maybe apply for their card.

They have the nicest associates of any department store I've ever been too. Just be ready to pay what I call the 'Von Maur' premium. But, they also have great sales every once in a while too. I really don't know of anyone who doesn't like VM.

Re: Von Maur Charge CL?

Creditaddict — Mon, 29 Aug 2011 17:41:52 GMT

Associates are very nice

no interest credit card

no fees on credit card for being late or anything... my friend defaulted, a year later went back and paid the balance and they opened the card back up to charging!

Free UPS Shipping

Free Gift Wrap

10 month equal payment contracts for I believe any order over $500.