Account Closing Spree! Weeee!!!!!!!!

[Anonymous]

Its so tempting to add Target to the dead pile as well. If not for the fact it gives me 5% off everything at Target, it would be gone.

[Anonymous]

good move.I am planning on closing Penfed for been unprofessional with their credit limit

and not to mention decline my app for line of credit 3 times with 761 fico and utl 1%

Right now they are the smallest limit i have

[Epcot]

That's alot of closings!

[Anonymous]

PenFed in my experience has been pretty professional. Except for one CSR trying to tell me that closing CC's damages your credit report. She was trying to educate me on how to maintain my credit report. I almost started laughing when she was trying to explain how to check my credit report.

[09Lexie]

That's quite a list! I agree with closing off some 'hanger ons'.

[FocusedAndDetermined]

---

@Anonymous wrote:

Its so tempting to add Target to the dead pile as well. If not for the fact it gives me 5% off everything at Target, it would be gone.

---

YEah, no point in closing an account that provides you benefits - no matter how small.  Even if it's just pocket change, it's your pocket change.

[Blurbz]

---

@FocusedAndDetermined wrote:

---

@Anonymous wrote:

Its so tempting to add Target to the dead pile as well. If not for the fact it gives me 5% off everything at Target, it would be gone.

---

YEah, no point in closing an account that provides you benefits - no matter how small.  Even if it's just pocket change, it's your pocket change.

---

You can close the account and switch to a Target debit card.  It's not a credit card and it'll still give you the 5% off at Target.  Win-win!

[drkaje]

I congratulate your execution!!

[LS2982]

---

@Anonymous wrote:

So I got a denial for having too many open accounts recently. Most of which I don't use anyway. So I went a little crazy and closed anything that wasn't useful. Here's the list of closed accounts for your viewing pleasure:

Macys Star Rewards 3k CL

Capital One Platinum 3.5k CL

Eddie Bauer 1k CL

Orchard Bank 2k CL

Victoria Secrets Angel Card 1k CL

J Crew 500 CL

First Premier Bank 1k CL

JC Penny 800 CL

Kay & Jareds 3k CL

Merrick Bank 2k CL

Shell Drive for Five 1k

Total Credit Lines Reduced by $18.8k

Weeeeeee......

That was less fun than opening them and took entirely too many phone calls.

---

Did you try the Cap1 EO before closing them??

[Anonymous]

---

@Anonymous wrote:

PenFed in my experience has been pretty professional. Except for one CSR trying to tell me that closing CC's damages your credit report. She was trying to educate me on how to maintain my credit report. I almost started laughing when she was trying to explain how to check my credit report.

---

Lol is that so?
Wen that happen i always say yea ok,yea ok,yea ok......