Out of the loop Comenity bank closing accts?

Anonymous · ‎12-15-2015

Hey good morning everyone. I noticed there were a couple posts about Comenity bank closing accounts. Why exactly are they doing this? Has anyone gotten any information in the mail stating why? I'm worried about my cards now. Has there been a trend in the reason I.E. too many accounts, too many inquiries, utilization too high?

Anonymous · ‎12-15-2015

The most common things are many recent inqiries, recently opened, also using the Shopping Cart Trick. Some of them are all of those, some just some or one of those, but those three things have been mentioned in most that got their accounts closed.

Anonymous · ‎12-15-2015

@Anonymous wrote:
Hey good morning everyone. I noticed there were a couple posts about Comenity bank closing accounts. Why exactly are they doing this? Has anyone gotten any information in the mail stating why? I'm worried about my cards now. Has there been a trend in the reason I.E. too many accounts, too many inquiries, utilization too high?

Your best bet is to read thru those posts as everything is discussed in great detail there.

pizza1 · ‎12-15-2015

@Anonymous wrote:
@Anonymous wrote:
Hey good morning everyone. I noticed there were a couple posts about Comenity bank closing accounts. Why exactly are they doing this? Has anyone gotten any information in the mail stating why? I'm worried about my cards now. Has there been a trend in the reason I.E. too many accounts, too many inquiries, utilization too high?
Your best bet is to read thru those posts as everything is discussed in great detail there.

yeeeeesssss....THIS ^^^^^^^

Do your research on the boards. Its way too much info to just start now. This has been going on awhile, and I suggest as Irish80 said to just read. Everyone's situation and AA are different.