Comenity Bank close all my Visa/MC Accounts

[score_building]

Wait-you got like 10 comenity cards in short order, but they must be out of their minds for reeling it in but still wanting to do business?

Actually appears they're paying attention to the bottom line.

[Anonymous]

Did not get the orginal letters yet but I did request one from the secure message system within my account.. Here's what it says

As of Nov 16, 2015, your Total Rewards® Visa Signature® credit card account is closed.

Here are our reasons for closing your account:
Number of recent inquiries on your credit report.

Below you will find some additional information regarding your credit score. Your score can change over
time , as your credit information changes., We hope you will consider reapplying for a(n) Total Rewards®
Visa Signature® credit card in the future.

If you have any questions, please contact us at the address above. We will be happy to assist you.
Sincerely,
Payment Solutions team
This card is issued by Comenity Bank pursuant to a license by Visa U.S.A. In c.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Your credit score as of Nov 03, 2015: 796
In the scoring system we used, scores can range from 479 to the best possible score, 898. Please be
aware, there are a number of different credit scoring systems available, and each uses a different range of
numbers.

Here are the most significant factors impacting your credit score:

· No usable real estate accounts
· Too many recently opened accounts

If you feel the credit history information shown above is inaccurate, we encourage you to contact the credit
bureau listed in this letter. They will be able to provide you answers about your credit history and how to
correct any inaccuracies.

[Anonymous]

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@Anonymous wrote:

Did not get the orginal letters yet but I did request one from the secure message system within my account.. Here's what it says

As of Nov 16, 2015, your Total Rewards® Visa Signature® credit card account is closed.

Here are our reasons for closing your account:
Number of recent inquiries on your credit report.

Below you will find some additional information regarding your credit score. Your score can change over
time , as your credit information changes., We hope you will consider reapplying for a(n) Total Rewards®
Visa Signature® credit card in the future.

If you have any questions, please contact us at the address above. We will be happy to assist you.
Sincerely,
Payment Solutions team
This card is issued by Comenity Bank pursuant to a license by Visa U.S.A. In c.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Your credit score as of Nov 03, 2015: 796
In the scoring system we used, scores can range from 479 to the best possible score, 898. Please be
aware, there are a number of different credit scoring systems available, and each uses a different range of
numbers.

Here are the most significant factors impacting your credit score:

· No usable real estate accounts
· Too many recently opened accounts

If you feel the credit history information shown above is inaccurate, we encourage you to contact the credit
bureau listed in this letter. They will be able to provide you answers about your credit history and how to
correct any inaccuracies.

---

What does no usable real estate accounts mean?

[blondy250]

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@Anonymous wrote:

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@Anonymous wrote:

Did not get the orginal letters yet but I did request one from the secure message system within my account.. Here's what it says

As of Nov 16, 2015, your Total Rewards® Visa Signature® credit card account is closed.

Here are our reasons for closing your account:
Number of recent inquiries on your credit report.

Below you will find some additional information regarding your credit score. Your score can change over
time , as your credit information changes., We hope you will consider reapplying for a(n) Total Rewards®
Visa Signature® credit card in the future.

If you have any questions, please contact us at the address above. We will be happy to assist you.
Sincerely,
Payment Solutions team
This card is issued by Comenity Bank pursuant to a license by Visa U.S.A. In c.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Your credit score as of Nov 03, 2015: 796
In the scoring system we used, scores can range from 479 to the best possible score, 898. Please be
aware, there are a number of different credit scoring systems available, and each uses a different range of
numbers.

Here are the most significant factors impacting your credit score:

· No usable real estate accounts
· Too many recently opened accounts

If you feel the credit history information shown above is inaccurate, we encourage you to contact the credit
bureau listed in this letter. They will be able to provide you answers about your credit history and how to
correct any inaccuracies.

---

What does no usable real estate accounts mean?

---

Mortgage reporting.

[Anonymous]

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@blondy250 wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

Did not get the orginal letters yet but I did request one from the secure message system within my account.. Here's what it says

As of Nov 16, 2015, your Total Rewards® Visa Signature® credit card account is closed.

Here are our reasons for closing your account:
Number of recent inquiries on your credit report.

Below you will find some additional information regarding your credit score. Your score can change over
time , as your credit information changes., We hope you will consider reapplying for a(n) Total Rewards®
Visa Signature® credit card in the future.

If you have any questions, please contact us at the address above. We will be happy to assist you.
Sincerely,
Payment Solutions team
This card is issued by Comenity Bank pursuant to a license by Visa U.S.A. In c.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Your credit score as of Nov 03, 2015: 796
In the scoring system we used, scores can range from 479 to the best possible score, 898. Please be
aware, there are a number of different credit scoring systems available, and each uses a different range of
numbers.

Here are the most significant factors impacting your credit score:

· No usable real estate accounts
· Too many recently opened accounts

If you feel the credit history information shown above is inaccurate, we encourage you to contact the credit
bureau listed in this letter. They will be able to provide you answers about your credit history and how to
correct any inaccuracies.

---

What does no usable real estate accounts mean?

---

Mortgage reporting.

---

Why would they care about a mortgage account? I'm still learning but that's odd to me. 

[longtimelurker]

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@Anonymous wrote:

---

@blondy250 wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

Did not get the orginal letters yet but I did request one from the secure message system within my account.. Here's what it says

As of Nov 16, 2015, your Total Rewards® Visa Signature® credit card account is closed.

Here are our reasons for closing your account:
Number of recent inquiries on your credit report.

Below you will find some additional information regarding your credit score. Your score can change over
time , as your credit information changes., We hope you will consider reapplying for a(n) Total Rewards®
Visa Signature® credit card in the future.

If you have any questions, please contact us at the address above. We will be happy to assist you.
Sincerely,
Payment Solutions team
This card is issued by Comenity Bank pursuant to a license by Visa U.S.A. In c.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Your credit score as of Nov 03, 2015: 796
In the scoring system we used, scores can range from 479 to the best possible score, 898. Please be
aware, there are a number of different credit scoring systems available, and each uses a different range of
numbers.

Here are the most significant factors impacting your credit score:

· No usable real estate accounts
· Too many recently opened accounts

If you feel the credit history information shown above is inaccurate, we encourage you to contact the credit
bureau listed in this letter. They will be able to provide you answers about your credit history and how to
correct any inaccuracies.

---

What does no usable real estate accounts mean?

---

Mortgage reporting.

---

Why would they care about a mortgage account? I'm still learning but that's odd to me. 

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The issuer may not care, but they are listing factors that impact the score.   Most of the scores give points for "mix" of credit, the idea that a customer handling a variety of types of credit, such as cards, auto loans, mortgages etc, has more experience and is a lower risk

[Cotton_Britches]

How many recent inquiries do you have? Must be a ton to cause this much hullabaloo. 

[rrr66]

I only had 3 inquiries and they did the same thing to me on a BJ's perks card.  Getting bit once by a third rate lender is enough for me to steer clear of any of their products.  I'll stick with my $30K QS and $30K Venture and my two $10K cards from Chase.  I won't do business with a company that approves you and then rescinds the card within weeks of issuance for absolutely no plausible reason.  My score had increased by 30 points, I had 7% utilization, have high six digit income.  I'm going to go about closing all my other Comenity accounts as they have something wrong going on in their back office.  Too many people with great scores have been getting AA for no reason other than having 1 or 2 additional inquiries on their report.  I think Comenity thinks you should just bask in the glory of having one of their lousy products and not try to get cards with interest rates and lines which are actually useful.

[Anonymous]

Wow I am going to have to keep my fingers crossed.  Got the Sportmans Guide and Total Rewards.  Got the pop up for Fuel Rewards but they sent a letter and some of the information did not match, so they just removed the application with no hard pull.  Put some things on Sportsmans Gude and made a payment, but left some balance.  For Total Rewards it just arrived, and I have not activated it.  Both look OK online but I will let you all know if anything happens with them.

[taxi818]

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@rrr66 wrote:

I only had 3 inquiries and they did the same thing to me on a BJ's perks card.  Getting bit once by a third rate lender is enough for me to steer clear of any of their products.  I'll stick with my $30K QS and $30K Venture and my two $10K cards from Chase.  I won't do business with a company that approves you and then rescinds the card within weeks of issuance for absolutely no plausible reason.  My score had increased by 30 points, I had 7% utilization, have high six digit income.  I'm going to go about closing all my other Comenity accounts as they have something wrong going on in their back office.  Too many people with great scores have been getting AA for no reason other than having 1 or 2 additional inquiries on their report.  I think Comenity thinks you should just bask in the glory of having one of their lousy products and not try to get cards with interest rates and lines which are actually useful.

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It's not for no appearant reason actually. It's mostly for too many new accounts.  I have a total of 4 accounts with comenity.  Exposure of 15.5k. No issues. But. Did read where others have like 100k exposure.