topic Re: Barclay's Forgiveness in Credit Cards

Barclay's Forgiveness

Chrisla2077 — Sat, 14 Jan 2012 01:13:04 GMT

Anyone ever burned Barclay's and been given a second chance?

Re: Barclay's Forgiveness

Juan123 — Sat, 14 Jan 2012 01:30:53 GMT

not me but someone included them into there BK and later on got a card from them...

Re: Barclay's Forgiveness

LS2982 — Sat, 14 Jan 2012 01:47:02 GMT

Are you in that situation crisla?

Re: Barclay's Forgiveness

Chrisla2077 — Tue, 17 Jan 2012 18:05:19 GMT

I'm not in the BK situtation, but I did burn them on a card due to a double job loss back in 2009.

Re: Barclay's Forgiveness

CS800 — Tue, 17 Jan 2012 18:53:06 GMT

I don't thik Barclay blacklists people. Was the card charged off?

Re: Barclay's Forgiveness

pizzadude — Tue, 17 Jan 2012 19:15:30 GMT

@Chrisla2077 wrote:
Anyone ever burned Barclay's and been given a second chance?

Did you pay the debt ? That might make a difference if they still have the $$$ on their books and haven't sold it off yet.

Re: Barclay's Forgiveness

SoulMaster — Tue, 17 Jan 2012 21:39:59 GMT

Yes. I burned them for >$6k in my 2010 BK and they gave me a $1300cl earlier this month. App'd online, instant approval.

When I log in to my account, the old one with the massive BK on it is still there, showing a $6877 balance, payment listed as PAID, but a minimum payment due of $6877.

I probably should call them and get it delisted since it's no longer valid debt... but it's not bothering me at all leaving it there so why rock the boat? I'm just going to keep an eye on it to make sure it doesn't ever say there is a real payment due... although, if it does, they'd be in all kinds of violation of BK laws.

-SM

Re: Barclay's Forgiveness

TryN2Rebuild — Tue, 17 Jan 2012 21:47:41 GMT

That will stay on your view along with the new card. My old account also shows up along with the old account. I have called and spoke with a CSR and they said it will fall off one day but they have no clue when. You will just have to ignore that old account.

Re: Barclay's Forgiveness

SoulMaster — Tue, 17 Jan 2012 21:52:19 GMT

@ewingerter wrote:
That will stay on your view along with the new card. My old account also shows up along with the old account. I have called and spoke with a CSR and they said it will fall off one day but they have no clue when. You will just have to ignore that old account.

Thanks for the heads-up... don't need to waste a call. Was yours a BK too?

-SM

Re: Barclay's Forgiveness

TryN2Rebuild — Tue, 17 Jan 2012 21:54:35 GMT

Yes I included them in my BK from 07. I was able to get a new account with them with a CL of $1700 but that is all they are willing to do right now. I am hoping that I get a CLI soon. I have been stuck at that CL for awhile now.

Re: Barclay's Forgiveness

Chrisla2077 — Mon, 30 Jan 2012 20:32:06 GMT

Glad to hear of the 2nd chances. I haven't (and hopefully won't have to) file bankruptcy, but I am planning on paying or at least settling the charged-off account. I need to get the utilization down on this anyway. I was just planning to do the same thing with BOA, but just got a SW alert that they sold my account to a CA.

Re: Barclay's Forgiveness

CS800 — Mon, 30 Jan 2012 17:01:33 GMT

@Chrisla2077 wrote:
Glad to hear of the 2nd chances. I haven't not (and hopefully won't have to) file bankruptcy, but I am planning on paying or at least settling the charged-off account. I need to get the utilization down on this anyway. I was just planning to do the same thing with BOA, but just got a SW alert that they sold my account to a CA.

BOA is very tough to deal with once you burn them. Long story short for me. I closed my accounts with them (to get a lower APR on my payment plans) and I paif all the accounts on time and 1 year in advance. CLosed the account in 2006. They still tell me I burned them, that they lost money on the interest. My interest with them was 31.99 and they wouldnt lower it. When I closed the account, they lowered it to 2%.

So I would love to have a BOA card but thats not going to happen anytime soon. So with BOA once you burn them. they remember you (even though you paid the whole amount to them). That has been my experience at least.

Re: Barclay's Forgiveness

Chrisla2077 — Mon, 30 Jan 2012 20:21:55 GMT

I've heard so many back and forth stories about BOA. I've heard people say they were fine once they reconed and explained situations. I bank with them, and have for years so I don't know what they'll do. I know one thing, this credit game is frustrating.

Re: Barclay's Forgiveness

Anonymous — Sat, 11 Feb 2012 22:48:53 GMT

I applied for barclays on tuesday was turned down trans score is fico 707,recon twice was turned down both times for to many inqs

thursday they pulled ex,friday they pulled equifax,why if is was turned down twice with recons are they still pulling other reports,can i dispute the other inqs

any in put would be helpfull,I have no collection no late payments,record is clean other than to many inqs,note i had 12 inqs but wouldnt you no

friday i had 2 inqs fall off from trans well any ways any input would be greatful

Re: Barclay's Forgiveness

JusdoNit — Sat, 11 Feb 2012 23:44:57 GMT

@CS800 wrote:
@Chrisla2077 wrote:
Glad to hear of the 2nd chances. I haven't not (and hopefully won't have to) file bankruptcy, but I am planning on paying or at least settling the charged-off account. I need to get the utilization down on this anyway. I was just planning to do the same thing with BOA, but just got a SW alert that they sold my account to a CA.

BOA is very tough to deal with once you burn them. Long story short for me. I closed my accounts with them (to get a lower APR on my payment plans) and I paif all the accounts on time and 1 year in advance. CLosed the account in 2006. They still tell me I burned them, that they lost money on the interest. My interest with them was 31.99 and they wouldnt lower it. When I closed the account, they lowered it to 2%.

So I would love to have a BOA card but thats not going to happen anytime soon. So with BOA once you burn them. they remember you (even though you paid the whole amount to them). That has been my experience at least.

31.99?????? Wow! It seems like they were burning a hole in your pocket. My hat off to you because you had enough common sense to close it.

Re: Barclay's Forgiveness

LS2982 — Sun, 12 Feb 2012 01:58:48 GMT

@Anonymous wrote:
I applied for barclays on tuesday was turned down trans score is fico 707,recon twice was turned down both times for to many inqs
thursday they pulled ex,friday they pulled equifax,why if is was turned down twice with recons are they still pulling other reports,can i dispute the other inqs
any in put would be helpfull,I have no collection no late payments,record is clean other than to many inqs,note i had 12 inqs but wouldnt you no
friday i had 2 inqs fall off from trans well any ways any input would be greatful

I would call and see if they changed their mind looking at your other reports.