topic Target reporting 7 Open Accounts!! in Credit Cards

Target reporting 7 Open Accounts!!

Creditaddict — Fri, 16 Mar 2012 18:37:00 GMT

Should I worry since they are all good and I do have (4) Accounts. Most are listed 2009 so not the oldest but not youngest either so thinking probably leave alone unless having all these $200 limits showing hurts me... and I don't mean Fico Score wise because I'm probably not loosing AA for 2009 really and I have not heard any lender so far concerned or even question why I have so many Target Cards, don't think it's like a FP in credit world!

Re: Target reporting 7 Open Accounts!!

Anonymous — Fri, 16 Mar 2012 20:07:59 GMT

@Creditaddict wrote:
Should I worry since they are all good and I do have (4) Accounts. Most are listed 2009 so not the oldest but not youngest either so thinking probably leave alone unless having all these $200 limits showing hurts me... and I don't mean Fico Score wise because I'm probably not loosing AA for 2009 really and I have not heard any lender so far concerned or even question why I have so many Target Cards, don't think it's like a FP in credit world!

The more accounts you have the smaller the future effect of a new account on your AAoA. IMO better to let it be.

Re: Target reporting 7 Open Accounts!!

pizzadude — Fri, 16 Mar 2012 20:10:35 GMT

@Anonymous wrote:

The more accounts you have the smaller the future effect of a new account on your AAoA. IMO better to let it be.

+1. I wouldn't do anything. If anyone ever questions it just tell them that you reallllllyy like target.

Re: Target reporting 7 Open Accounts!!

Creditaddict — Fri, 16 Mar 2012 20:15:17 GMT

@pizzadude wrote:
@Anonymous wrote:

The more accounts you have the smaller the future effect of a new account on your AAoA. IMO better to let it be.
+1. I wouldn't do anything. If anyone ever questions it just tell them that you reallllllyy like target.

LOL, I do, I have already saved $384 since Jan. 1

Re: Target reporting 7 Open Accounts!!

flowfaster — Fri, 16 Mar 2012 20:30:25 GMT

What are the limits on you 4 target cards? So I guess its possible to get more than one target card? I wanna apply to get rid of the 200 CL just scared they will give me another 200 CL.

Re: Target reporting 7 Open Accounts!!

LS2982 — Fri, 16 Mar 2012 20:30:40 GMT

@pizzadude wrote:
@Anonymous wrote:

The more accounts you have the smaller the future effect of a new account on your AAoA. IMO better to let it be.
+1. I wouldn't do anything. If anyone ever questions it just tell them that you reallllllyy like target.

Re: Target reporting 7 Open Accounts!!

pizzadude — Fri, 16 Mar 2012 20:31:21 GMT

Wow !! If that's based on the 5% discount then by my estimation you have spent over $7K !!

Re: Target reporting 7 Open Accounts!!

flowfaster — Fri, 16 Mar 2012 20:32:15 GMT

@pizzadude wrote:

Wow !! If that's based on the 5% discount then by my estimation you have spent over $7K !!

It may be 10% if he uses the pharmacy.

Re: Target reporting 7 Open Accounts!!

Creditaddict — Fri, 16 Mar 2012 20:33:31 GMT

@pizzadude wrote:

Wow !! If that's based on the 5% discount then by my estimation you have spent over $7K !!

hmm I know I spend a lot but not that much... Either that includes special sales or I need to double check the next receipt i get! sorry

Re: Target reporting 7 Open Accounts!!

Creditaddict — Fri, 16 Mar 2012 20:35:34 GMT

I will list year open and limit and CLI:

1999 - $200 increased to $300 at 6 months and has never moved

2008 - $200

2008 - $200 increased to $1000 back in maybe 2010 when a lot of us were seeing increases around holiday I think and then about 3 months ago went to $1500 which I was shocked.

2009 - $200

Re: Target reporting 7 Open Accounts!!

flowfaster — Fri, 16 Mar 2012 20:41:27 GMT

@Creditaddict wrote:
I will list year open and limit and CLI:

1999 - $200 increased to $300 at 6 months and has never moved
2008 - $200
2008 - $200 increased to $1000 back in maybe 2010 when a lot of us were seeing increases around holiday I think and then about 3 months ago went to $1500 which I was shocked.
2009 - $200
wow TNB is crazy with 200 CL. I know if I apply im going to get another 200 line. ugh why does target have to be my oldest account. I cant even buy an xbox on my target card. I have a 1400 walmart line. love GE.