@Anonymous wrote:
@Catbird_Seat wrote:
@Anonymous wrote:
TL/DR: don't believe it!
That's unfounded & an odd thing to post.
Believe it or not, I read about the creditors on MF, you can do a search yourself to find posters who have commented, I didn't just pull it out of thin air.
If you don't want to believe me or the others who have posted, that's your prerogative & you should already know that a fair amount of the posts on MF are YMMV, what you believe doesn't mean it's not true or hasn't happened to someone else.
If you spend enough time reading through posts & gathering information, you will see all kinds of things that apply to various creditors.
Here's a very recent post about Target (TD), scroll down to post #3.
https://ficoforums.myfico.com/t5/Credit-Cards/Target-no-CLI-so-should-I-cancel/m-p/6684193
Before going that route, have you already done all of the things that seem to trigger them?
- Use it monthly.
- Let at least some balance report for the current statement every month (that doesn't mean carry a balance and pay interest - just don't pay to $0 before statement closing every month; anecdotal evidence seems to point to paying the card to $0 is treated the same as non-use with TD Bank).
- Pay in full each month before the due date.
Sorry, that came off as over-harsh, I didn't mean I didn't believe you personally, I merely think that some of the anecodal evidence is just that, reports where no-one is really sure that the analysis is correct, and thus shouldn't be taken as the final truth. Even if it's from @K-in-Boston! OK, maybe then.
This is MF, quite a bit of what is on the site is anecdotal evidence, one can look to the FOTM, BCU as an example.
That's why I take what I read on here as purely observations, use what applies to my situation, then make my decisions on whether or not it's something I want to do, knowing that there's a very good chance that my mileage is going to vary greatly.
