@OmarGB9 I had the getaway card for a year when they did the massive CLD. It seems to have been my "anniversary" present. 
They did it two weeks before they sent the letter. Because I don't use the card very often, I didn't notice until I got the letter. They reported it mid-cycle, with the letter, not the decrease (strange on their part)
They didn't report my immediate closing of the card until five weeks later.
I never put more than $50 or so on the card at one time and paid it off immediately. I did no balance transfers to the card. Utilization is 1%, fico 791. My income is around $230k a year and I live in a moderate-cost state and am divorced. (ie "single" for credit card purposes. )
@805orbust wrote:Although the whole "merged thread" thing sounds like a good idea, it really sucks in execution... I don't know what I'm reading now... and 24 pages? Great... much easier. 🤣
Anyway, DW's letter came in the mail today:
Well, merged thread is better than telling you to stop cross-posting then removing all duplicate and semi duplicate posts from other threads, right?
Right. Good, glad we resolved it quickly and successfully.
I scanned the full letter sent to DW today for reference... well 80% of it. There's more gobbledygook on page 2 but nothing important. Check it out.
FNBO gave me a CLD years ago back when my credit line was $30k. I am actually surprised they keep the account open as this is a fixed 9.99% APR card from back in like 2009 when they did fixed APR's. Anyways, after the cld they would not consider me for an increase for almost a year, everytime i clicked the button it gave me an instant no versus even a form. IT then took me a long time of slowly requesting and clawing back and i rest at $25k. The rationale for the cld was I did not use enough of my credit line, so they shrunk it to an amount they thought was reasonable, which was like $15k or something.
After my experience with them, I would never do that again. FNBO is super conservative on everything, and truthfully they are not worth it. Once they give you a CLD, there is no "restore". You have to fight for a cli every single time. Up til then i only experienced a CLD 2 times before, Chase and BOFA, both of which had the ability to request to restore your limit without a hard pull and etc. Not at FNBO, you are treated as a 4th class citizen until they decide to like you again.
My suggestion to folks is to close the account. do not look back, many other creditors out there will appreciate your business, no matter how much you give them.
Well, no need for me to close my Evergreen. When I logged in today, the account was closed. I'm going to go out on a short limb and say it was for non-use. I haven't put a charge on it since last December. I didn't get any warnings, letters, or messages. Just data points for others. I'm not bothered.
@themanhimself wrote:Curious how many have had an fbno card for a long time like 5+ years with no cld or the account not getting closed?
I have been dealing with the bank since 2012 and currently have 2 open accounts, closed out the original account I had opened in 2012.
2013 Evergreen, CL 27.1K (did a PC into it no new app when it came out)
2017 Bucks Back CL 15K
I have never received a CLD on any account with them. I run a balance at fixed rate on the Evergreen and 200-300 a month on the bucks back which is paid before stmt cut. They make money on me since I tend to use their fixed rate offers of BT to finance long term.
@805orbust wrote:I scanned the full letter sent to DW today for reference... well 80% of it. There's more gobbledygook on page 2 but nothing important. Check it out.
@805orbust, Thanks for re loading the whole page.
I am no expert on credit scoring, so maybe someone like @FireMedic1 , @OmarGB9 or @SouthJamaica ETA @Revelate could chime in?.
It sure looks like they are using [ EX resilience scoring ] in assessing ones whole credit profile ..No? (I could be wrong
)
