topic BARCLAY CLD in Credit Cards

BARCLAY CLD

Anonymous — Tue, 16 Jul 2013 22:42:54 GMT

went from $5500 to 500 what a joke called today and ask why it was lowered CSR said the proportion of payment is to low?I told him i pay in full every month then he said I dont know what to say sir. I am not worry about it I have enough credit available and my UTI will remain at 2% oh yeah I close the account to

Re: BARCLAY CLD

withaspark — Tue, 16 Jul 2013 22:44:23 GMT

Re: BARCLAY CLD

improvingmycredit — Tue, 16 Jul 2013 22:45:45 GMT

@Anonymous wrote:
went from $5500 to 500 what a joke called today and ask why it was lowered CSR said the proportion of payment is to low?I told him i pay in full every month then he said I dont know what to say sir. I am not worry about it I have enough credit available and my UTI will remain at 2% oh yeah I close the account to

Hey mr_postman!

I'm sorry to hear of your AA. That stinks. I'm curious, how long have you had the Barclays account and did you open any new accounts after acquiring them? What would be the reason for the AA? Thanks and again sorry to hear it!

Re: BARCLAY CLD

myjourney — Tue, 16 Jul 2013 22:47:11 GMT

That's a real bummer....sorry

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parakleet — Tue, 16 Jul 2013 22:47:31 GMT

That's terrible! Sorry to hear about that. All these reports of AA's are making me think twice about applying for anything with Barclays!

Re: BARCLAY CLD

LS2982 — Tue, 16 Jul 2013 22:48:17 GMT

@Anonymous wrote:
went from $5500 to 500 what a joke called today and ask why it was lowered CSR said the proportion of payment is to low?I told him i pay in full every month then he said I dont know what to say sir. I am not worry about it I have enough credit available and my UTI will remain at 2% oh yeah I close the account to

Sorry to hear.........

I'm strating to get spooked myself of them CLD'ing me.

Re: BARCLAY CLD

dodgerslv — Tue, 16 Jul 2013 22:54:03 GMT

@Anonymous wrote:
went from $5500 to 500 what a joke called today and ask why it was lowered CSR said the proportion of payment is to low?I told him i pay in full every month then he said I dont know what to say sir. I am not worry about it I have enough credit available and my UTI will remain at 2% oh yeah I close the account to

awww..sorry to hear postman...I am going to start checking my new Barclays account everyday and see if they take action on me also. I still have one new account that hasnt reported yet and my utilization is going to shoot up from about 4% to about 8-10% come the end of the month cuz of expenses. I dont know if Barclays is going to like that. I am a little worried but whatever happens i guess happens.

Re: BARCLAY CLD

CreditCrusader — Tue, 16 Jul 2013 22:59:41 GMT

Barclay is a tough puzzle to solve...your case is just another example.

My example?

These guys approved me with a 616 TU FICO. My TU FICO is now over 100 points higher, and they won't CLI me for anything...and it's been nearly two years. No missed pays...UTIL for their card at 0% (currently) and 99% and everywhere in-between...ZIP...NOTHING.

Re: BARCLAY CLD

Creditaddict — Tue, 16 Jul 2013 23:00:06 GMT

Gosh 2% util.... Now I know they should have CLD my partners USAir Business Card! $15k to $6,450!

Silly Barclay!

Re: BARCLAY CLD

ChopperED — Tue, 16 Jul 2013 23:06:01 GMT

I have been as well. Im not picking up any new accounts and am just paying off what i have. I applied with them and was approved with about 26 % UTI but have been bringing that down. No need for me to rock the boat with them, keeping their card less than 10%

Re: BARCLAY CLD

withaspark — Tue, 16 Jul 2013 23:06:26 GMT

I had heard a lot about Barclay's AA due to too many new accounts/inquiries. But in my personal experience, I opened the line (but only after recon and got the max 24.99% APR and my lowest limit--so they already weren't happy about it--it's multiples worse than my other TL terms), got the bonus then 3 new accounts reported and I thought for sure they were going to AA me...

I just made sure 0 balances on all revolving lines and showing use (large actual payments posted in CR) in the off chance I got the chance to beg with a credit analyst and next thing I knew, I got a bonus offer if I spent $750/mo May, June, and July--so naturally, knowing Barclay's, I figured it was a trap! lol That suprised me...I thought for sure I was toast...so I can't figure out Barclay's...

@mr_postman: Would you mind sharing if you have any ideas why the AA?

Re: BARCLAY CLD

Anonymous — Tue, 16 Jul 2013 23:23:26 GMT

Like others I am blown away reading what seems like a large number of Barclay CLD situations these past few weeks.

I got my MC Rewards card while my credit was in the 620's approximately 6 months ago.

Opened 5 new accounts in the 7 months following that new account with Barclay.

My TU score has Zero baddies and averages 720 on a per month basis since March 2013.

Paying off a 18 day old, Zero Interest, $408 balance on a $1500 limit, this coming Friday.

My balance has been anywhere from $40 to $1200 since account opened but always closed with a $200 or less balance at statement time.

Fully expecting a CLD or account closure as soon as paid in full this month. I realize this is irrational but I still would not be surprised.

I think I would rather shred the card and call it a loss than to deal with the BS of wondering if I am keeping Barclay happy or not.

My goal right now is a new 2014 Impala 2LTZ so if I was to lose Barclay over too many new accounts so be it, Ally will still finance me for a $40000 in a heartbeat.

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Ron1 — Tue, 16 Jul 2013 23:36:37 GMT

Sorry to hear.

Ron.

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djc1puno — Tue, 16 Jul 2013 23:36:49 GMT

Matt... I agree w you. I'm nearing my sixth statement and I'm hoping for a cli since I use it often and play it back down. I did however add 2 inquiries and one new account...cli request and bank inq...the new account is from my student loan consolidation...my credit has jumped at least 60 points since approval as well as clearing up baddies in my crs.

After reading the clds given by Barclay the past few weeks, it makes me wonder if I'll doing enough to please them and prevent aa...almost feels like being held hostage...lol...but I'm prepared if they aa me...I'll just close it myself it that happens

Re: BARCLAY CLD

09Lexie — Wed, 17 Jul 2013 00:51:10 GMT

I know its YMMV but honestly these stories are one of the reasons I scratched them from my next spree