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Sprint - Home Credit US Closure

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Senior Contributor

Sprint - Home Credit US Closure

By now all holders of the Sprint Visa cards and Home Credit Visa card got an email late last night saying that their cards will be suspended as of midnight central time, March 17, 2020. If you haven't gotten that email, here is a link to the FAQ they posted on their website.

 

https://www.homecreditus.com/wp-content/uploads/FAQ_AccountSuspend.pdf 

 

Talk about a big dent. My Sprint card is/was $7,400 of my total aggregate.

 

Edit: Final closing date set for May 13, 2020. Please see this post: https://ficoforums.myfico.com/t5/Credit-Cards/Sprint-Home-Credit-US-Closure/m-p/6015672/highlight/tr...








Message 1 of 54
53 REPLIES 53
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Mega Contributor

Re: Home Credit US Closure

 

@macinjosh, Good to see you!  .. sorry for the loss of your CLSmiley Sad

 

I hope everything else is well for you!

Message 2 of 54
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Super Contributor

Re: Home Credit US Closure

Sorry to hear. That was one of your oldest cards, wasn't it?


Message 3 of 54
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Super Contributor

Re: Home Credit US Closure

That's unfortunate. Hope you'll be able to find suitable replacement revolvers.

Message 4 of 54
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Community Leader
Valued Contributor

Re: Home Credit US Closure

Nothing like last minute information. A shame that not kept a general card. I hope new app, or CLIs can cushion the blow.

Smiley Sad

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Message 5 of 54
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Super Contributor

Re: Home Credit US Closure

Ouch, sorry @macinjosh






Message 6 of 54
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Super Contributor

Re: Home Credit US Closure

That's a bummer. Sorry macinjosh! Smiley Sad




Message 7 of 54
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Senior Contributor

Re: Home Credit US Closure


@kilroy8 wrote:

Sorry to hear. That was one of your oldest cards, wasn't it?


That is my oldest card sadly. They said they will suspend all accounts for now, and close them later. I wonder if that means they are looking to sell the portfolio to another bank? One can hope, I guess.








Message 8 of 54
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Senior Contributor

Re: Home Credit US Closure


@AllZero wrote:

That's unfortunate. Hope you'll be able to find suitable replacement revolvers.


Thanks. I can't apply for anything right now. That card was mostly for padding.








Message 9 of 54
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Senior Contributor

Re: Home Credit US Closure


@blindambition wrote:

Nothing like last minute information. A shame that not kept a general card. I hope new app, or CLIs can cushion the blow.

Smiley Sad


Definitely no new apps right now, but I'm hoping for CLI's for padding too.








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