@CreditUnionFan wrote:
@kdm31091 wrote:
@AverageJoesCredit wrote:I know my Home Depot hasnt been used in well over a year. Im just too lazy to go there. Would i love to use the card online to show usage? Dang right i would but lol, i cant even order online as they wont even ship here to PR
. Dumbies
but at least i KNOW it can be closed at any day.
Well it sounds like the card is basically useless to you anyway outside of maybe some padding, so if they close it, no big deal.
I think simply keeping a card active may not be enough anymore with some banks. They want to see real sustained usage of the credit lines, and if they aren't seeing it, CLDs happen eventually.
Synchrony is going on the run. Apparently May 22nd was my day for closure - Lowe's, Gap, CarCareOne, and Lumber Liquidators were all closed. I received a credit report notification for Lumber Liquidators, and started looking at the others, which I'd looked at within the last week. My last payment on Lowe's was June 21st, and it's apalling that during a time when people in many areas have been shelter-in-place for over two months, that Synchrony would start closing down private-lavel cards.
At one point when I was rebuilding, the Lowe's card helped raise my available credit. I'd gotten to the point though where the account was aging, and more importantly, Lowe's offers a 5% discount when using the private-label card, and sometimes even more. I could probably re-apply, and likely get approved again, but why bother? It's easier to just go buy elsewhere since the private label credit card perks are being taken away on a whim by Synchrony.
Many so sorry to hear that Yes I never knew, it is still open on reports, no email, no letters zilch. Only way I knew was trying to reset my log in. The rep said you can always reapply, I was like no thank you.
Yes I will miss the 0% features and the 5%, I did like that card.............................
@Jnbmom wrote:
@CreditUnionFan wrote:
@kdm31091 wrote:
@AverageJoesCredit wrote:I know my Home Depot hasnt been used in well over a year. Im just too lazy to go there. Would i love to use the card online to show usage? Dang right i would but lol, i cant even order online as they wont even ship here to PR
Well it sounds like the card is basically useless to you anyway outside of maybe some padding, so if they close it, no big deal.
I think simply keeping a card active may not be enough anymore with some banks. They want to see real sustained usage of the credit lines, and if they aren't seeing it, CLDs happen eventually.
Synchrony is going on the run. Apparently May 22nd was my day for closure - Lowe's, Gap, CarCareOne, and Lumber Liquidators were all closed. I received a credit report notification for Lumber Liquidators, and started looking at the others, which I'd looked at within the last week. My last payment on Lowe's was June 21st, and it's apalling that during a time when people in many areas have been shelter-in-place for over two months, that Synchrony would start closing down private-lavel cards.
At one point when I was rebuilding, the Lowe's card helped raise my available credit. I'd gotten to the point though where the account was aging, and more importantly, Lowe's offers a 5% discount when using the private-label card, and sometimes even more. I could probably re-apply, and likely get approved again, but why bother? It's easier to just go buy elsewhere since the private label credit card perks are being taken away on a whim by Synchrony.
Many so sorry to hear that
Yes I will miss the 0% features and the 5%, I did like that card.............................
Yep.. just got an alert that Sync closed my JCP MC
@Mellon wrote:
@Jnbmom wrote:
@CreditUnionFan wrote:
@kdm31091 wrote:
@AverageJoesCredit wrote:I know my Home Depot hasnt been used in well over a year. Im just too lazy to go there. Would i love to use the card online to show usage? Dang right i would but lol, i cant even order online as they wont even ship here to PR
Well it sounds like the card is basically useless to you anyway outside of maybe some padding, so if they close it, no big deal.
I think simply keeping a card active may not be enough anymore with some banks. They want to see real sustained usage of the credit lines, and if they aren't seeing it, CLDs happen eventually.
Synchrony is going on the run. Apparently May 22nd was my day for closure - Lowe's, Gap, CarCareOne, and Lumber Liquidators were all closed. I received a credit report notification for Lumber Liquidators, and started looking at the others, which I'd looked at within the last week. My last payment on Lowe's was June 21st, and it's apalling that during a time when people in many areas have been shelter-in-place for over two months, that Synchrony would start closing down private-lavel cards.
At one point when I was rebuilding, the Lowe's card helped raise my available credit. I'd gotten to the point though where the account was aging, and more importantly, Lowe's offers a 5% discount when using the private-label card, and sometimes even more. I could probably re-apply, and likely get approved again, but why bother? It's easier to just go buy elsewhere since the private label credit card perks are being taken away on a whim by Synchrony.
Many so sorry to hear that
Yes I will miss the 0% features and the 5%, I did like that card.............................
Yep.. just got an alert that Sync closed my JCP MC
Oh no , not the Unicorn. That stinks. I think Sync should just come out and say we quit the cc game. Its insanity. That , when i started my rebuild was my unicorn and i actually tried to buy it by spending more....never again, i never did get the invite
