topic Re: creditone bank in Credit Cards

creditone bank

Anonymous — Mon, 17 Dec 2007 21:58:25 GMT

does anyone have one? how are they?

Re: creditone bank

Anonymous — Mon, 17 Dec 2007 21:59:42 GMT

Love your name.... From my understanding about creditone,,, they are deeply subprime. What do your report and scores look like?

Re: creditone bank

Creditaddict — Mon, 17 Dec 2007 22:40:10 GMT

I have a Credit One card. got it after bk so I was excited to get it and the fees are low considering some like First Premier. I however didn't get the talked about auto cli at first payment!

I have not called in to much, but so far all is good.

Re: creditone bank

Anonymous — Mon, 17 Dec 2007 22:54:05 GMT

@Creditaddict wrote:
I have a Credit One card. got it after bk so I was excited to get it and the fees are low considering some like First Premier. I however didn't get the talked about auto cli at first payment!
I have not called in to much, but so far all is good.

it's for my sister, they give cli when you make first payment? ok when she apply it said approved, but it also said Application In Process Your application is being processed. Please check back for an update.

Re: creditone bank

llecs — Tue, 18 Dec 2007 06:25:54 GMT

I too have Credit One, and also received an auto CLI after first payments. Was approved for $200. DW apped and also got the Credit One Card. Her scores were higher than mine at application time. She was approved for $250, but did not receive the CLI after her first payment. Go figure. One note though, Credit One doesn't allow credit lines to exceed $1000. This card is a good rebuilder only.

Also tell your sister to be patient. It takes them forever to process everything and send the card. It'll be more than two weeks after applying.

Message Edited by llecs on 12-17-2007 10:25 PM

Re: creditone bank

Anonymous — Tue, 18 Dec 2007 13:06:43 GMT

Also make sure you have a online bill pay from your bank-

They will charge a fee to pay online!!!!

If you send a check they process it as a ACH -

If you were to pay this account by snail mail- you would have about a 7 days (tops) to mail a check to them.

Re: creditone bank

llecs — Tue, 18 Dec 2007 14:19:18 GMT

Timothy wrote:

They will charge a fee to pay online!!!!

Yep. $5.95 to make a payment online. They charge the fee the day after you pay. And you cannot PIF and pay the fee at the same time, so you are always carrying a balance.

Re: creditone bank

Creditaddict — Tue, 18 Dec 2007 20:57:30 GMT

Called today asking about why I didn't get auto CLI after first payment. he said you can request or may see it auto every 6 months, didn't really deny or verify that you can get one after first payment but said if that did happen it's something that happens in the computer.

This sounds like my Target card all over again (it's all up to the computer that never seems to hit my account!)

You can also only have 1 CreditOne card.

Re: creditone bank

Anonymous — Tue, 18 Dec 2007 23:44:22 GMT

Sounds like a definite rebuilder to get rid of once the training wheels aren't needed. Of course, training wheel periods are user defined according to their own needs!

Just thought of something, think I will call HSBC and try to close...

Re: creditone bank

Anonymous — Thu, 20 Dec 2007 01:00:20 GMT

they give her $500.00

Re: creditone bank

Anonymous — Sat, 05 Jul 2008 23:09:05 GMT

I'm just now getting pre-approvals in the mail. Got an offer for 7.99% yesterday. Grabbed it. Got this offer today. "UP TO $1500!!! @ 23.9%! " Sounded like a Yugo with a valve knock when it went through the shredder.

Message Edited by beenthere on 07-05-2008 04:09 PM

Re: creditone bank

Anonymous — Sun, 06 Jul 2008 02:33:17 GMT

@Anonymous wrote:
I'm just now getting pre-approvals in the mail. Got an offer for 7.99% yesterday. Grabbed it. Got this offer today. "@Anonymous TO $1500!!! @ 23.9%! " Sounded like a Yugo with a valve knock when it went through the shredder.

Message Edited by beenthere on 07-05-2008 04:09 PM

too funny! CreditOne is NOT a bank (no matter what they tell you)... they are owned by a collection agency. I won't say stay away as they will report to the 3 CRAs. I would highly recommend to PIF monthly.

Re: creditone bank

Anonymous — Sun, 06 Jul 2008 02:40:14 GMT

I actually have a 2K CL with Creditwon, It's socked but I exercise it occasionally. Keeping it a while longer since it has my puppy's picture on it. They are good for what they do, once you outgrow them, they are useless.

Re: creditone bank

llecs — Sun, 06 Jul 2008 02:40:39 GMT

FaircreditguyFL wrote:

too funny! CreditOne is NOT a bank (no matter what they tell you)... they are owned by a collection agency. I won't say stay away as they will report to the 3 CRAs. I would highly recommend to PIF monthly.

Owned by a CA? Which one? Scary stuff...I wonder if they hire themselves.

Both DW and I have accounts with them. Not too bad. Definitely not for a long-term relationship.

Re: creditone bank

Anonymous — Sun, 06 Jul 2008 02:47:04 GMT

Sherman Financial Group

Re: creditone bank

llecs — Sun, 06 Jul 2008 02:48:37 GMT

FaircreditguyFL wrote:
Sherman Financial Group

Thanks......they are a pain in the rump to deal with.

Re: creditone bank

Anonymous — Sun, 06 Jul 2008 02:55:32 GMT

Good if you are rebuilding/establishing credit as there too many other choices. However, I wouldn't trust them.

They serve a purpose but, as soon as you are able, ditch them!

Re: creditone bank

Anonymous — Sun, 06 Jul 2008 03:54:23 GMT

i have credit one for almost 1 year now it is not bad for sub-prime. they dont have crazy fees like first premier. they give me 800 cl six moths later called to get a cli the csr say i can give you 100 cli but there is a 30 fee i said no thank i am clossing that cc soon anyhow.