topic Re: WAMU help in Credit Cards

WAMU help

Anonymous — Sat, 05 Jan 2008 21:10:18 GMT

Does anyone have any info on how to get in contact with someone on the phone who can actually make a decision and not read off a screen or out of a handbook?

I asked what does it take to get an increase and this CSR said timely payments and not going over the limit. I have never went over mine, I have paid it on time. For a month I carried a $1000+ credit on the account.

4 years of a very high variable APR and not one increase does have it's breaking point.

She said they can't contact the department that reviews accounts which I think is a load of............

Any help is appreciated.

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 21:17:45 GMT

I will say don't hold your breath. That is about par for the course. WaMu either increases or doesn't increase and no amount of will power seems to alter that.

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 21:19:44 GMT

There has to be some way to get through to them. They repied to one of my messages 2 months ago with the same answer, including paying more than the minimum which I do every month.

Guess it's a another case of getting things done...the ski mask way.

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 21:21:31 GMT

We are seriously going to have to have a sit down about your ski mask thing Eddie

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 21:36:41 GMT

Whether it's going over someone's head or upside their head...whatever gets it done

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 22:09:21 GMT

I've had great suggsess with WAMU started out at 1,000 two years ago and now 5,000.

have had an increase every six months. Pluse got the 1% cash back. We'll see what happens this month as another six months is up.

Woody

Re: WAMU help

Anonymous — Sat, 05 Jan 2008 22:24:45 GMT

I sent them an email using the online system. Copy is below:

Date: 12/27/2007
Subject: Credit Limit

What does one have to do to get a credit limit increase with Wamu? I have had my card since March 2006 at the same limit of $1500 at 24.99% APR - never an increase. I have not been treated this way with my other credit products from major lenders. I have cards that have $5000 limits and APR's as low as 9.99%.

I am about ready to send a letter to Mr. Anthony Vuoto and ask him.

Please advise.

That email prompted someone in their credit department to call me at home the other day and advise me that they are giving me a $500 CLI and lowering my APR by 15% to 9.9%. She even gave me her direct number to call if I should have any problems in the future. I am hoping that now my card my finally see periodic increases that I see others in the forum receive. I sent the email because I could never get past a CSR who read from a script on the phone. Perhaps dropping Vuoto's name also helped.

EddieX - check your private messages.

Message Edited by Watson1225 on 01-05-2008 02:24 PM

Re: WAMU help

Anonymous — Sun, 06 Jan 2008 16:08:54 GMT

Watson1225 wrote:

I sent them an email using the online system. Copy is below:

Date: 12/27/2007
Subject: Credit Limit

What does one have to do to get a credit limit increase with Wamu? I have had my card since March 2006 at the same limit of $1500 at 24.99% APR - never an increase. I have not been treated this way with my other credit products from major lenders. I have cards that have $5000 limits and APR's as low as 9.99%.

I am about ready to send a letter to Mr. Anthony Vuoto and ask him.

Please advise.

That email prompted someone in their credit department to call me at home the other day and advise me that they are giving me a $500 CLI and lowering my APR by 15% to 9.9%. She even gave me her direct number to call if I should have any problems in the future. I am hoping that now my card my finally see periodic increases that I see others in the forum receive. I sent the email because I could never get past a CSR who read from a script on the phone. Perhaps dropping Vuoto's name also helped.

EddieX - check your private messages.

Message Edited by Watson1225 on 01-05-2008 02:24 PM

Wow!! Congrats! I can't complain because WaMu has ben very generous with me with the CLIs. The one time I feel they missed me (I'm not sure they did at the 18 mos mark), I can admit that I had opened several accounts in the previous 6 mos as well as had a bit mroe indebtedness due to personal issues and the holidays.

Re: WAMU help

Anonymous — Sun, 06 Jan 2008 16:16:01 GMT

So those who get the increases are getting them every 6 months? They owe me about 8 increases...

Re: WAMU help

fishbjc — Sun, 06 Jan 2008 18:02:02 GMT

Eddie: How about you and I team up on the ski-mask gig and take care of some business?

I'm about to unload on Lowes.,......

Re: WAMU help

Anonymous — Sun, 06 Jan 2008 18:44:48 GMT

Like I always say...a crowbar upside the head works just as good as a letter

Re: WAMU help

Anonymous — Sun, 06 Jan 2008 19:05:45 GMT

We need to lay off the violence talk-

Re: WAMU help

Anonymous — Mon, 07 Jan 2008 01:23:58 GMT

When they did the CLI, did they do a CR inquiry? Soft or hard?

Does anyone have any telephone or email contact numbers for their credit department?

Re: WAMU help

Anonymous — Mon, 07 Jan 2008 22:20:14 GMT

I sent a email asking for a cli on 12-20-07,they sent a email telling me no . I went online sat 1-5-08 they increased cl from 2500 to 3500 and that with a bal of 900.00

Re: WAMU help

Anonymous — Mon, 07 Jan 2008 22:39:37 GMT

How long have you had their card and what was your initial CL????

Re: WAMU help

Anonymous — Sun, 20 Jan 2008 21:07:08 GMT

I don't get it, why do you want a higher credit limit when you can't pay off the limit you have? People, my best advice is get out of credit card debt and then stay out of the trap!! Do you like giving your hard earned money away, or do you like being chained to these greedy bastards? Come on be smart...

Re: WAMU help

Anonymous — Sun, 20 Jan 2008 21:17:00 GMT

@Anonymous wrote:
I don't get it, why do you want a higher credit limit when you can't pay off the limit you have? People, my best advice is get out of credit card debt and then stay out of the trap!! Do you like giving your hard earned money away, or do you like being chained to these greedy bastards? Come on be smart...

Its called utilization. Nobody mentioned a maxed out CC, unless I missed that part.

Re: WAMU help

haulingthescoreup — Sun, 20 Jan 2008 21:36:58 GMT

@Anonymous wrote:
Do you like giving your hard earned money away, or do you like being chained to these greedy bastards? Come on be smart...

Hi, MOREMONEE4MEPLZ, welcome to the forums! If you don't understand how increasing a credit limit can help, it would be useful for you to read Credit Scoring 101:

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654

As an example, I have a total of $52K+ credit limit on my cards. Right now, I have a balance of $45 showing on one card period, which has already been paid off. I don't remember the last time I carried a balance or paid a finance charge.

Available credit is the complete opposite of debt. Knowing how to work this is being smart.

Re: WAMU help

Anonymous — Sun, 20 Jan 2008 21:54:35 GMT

@Anonymous wrote:
I don't get it, why do you want a higher credit limit when you can't pay off the limit you have? People, my best advice is get out of credit card debt and then stay out of the trap!! Do you like giving your hard earned money away, or do you like being chained to these greedy bastards? Come on be smart...

You clearly need to learn something about utility and credit in general. Whether you like it or not credit is a necessary evil in this world. Even Donald Trump uses credit.

Re: WAMU help

Anonymous — Sun, 20 Jan 2008 22:55:01 GMT

I agree with everyone here about WAMU. I had my card for six months, always paid more than the minimum, kept my utilization well below 9% and FINALLY, on the seventh month when my statement dropped I got some luv from WAMU. Granted it was only $200 but it was something...