If you have income, you can be approved
Op, what cards did you have and what were the limits, balances etc. We need a clearer picture on whst happened. Thanks
Op, what cards did you have and what were the limits, balances etc. We need a clearer picture on whst happened. Thanks
@Anonymous wrote:All Walmart asks you is to list your YEARLY INCOME to them, They don't ask where the money is coming from. I also asked 3 Social Security workers prior to doing this, If I could use my SSI Funds to open credit cards with and they all said the same thing "Its your money, do what you want with it"
FreeIsForMe2019 Credit Cards & Limits
Not Bad For Someone on SSI
$7,500.00......Walmart Mastercard
$1,000.00......Amazon Prime Rewards Visa
$0,600.00......Montgomery Wards Store Card
$0,600.00......Fingerhut Store Card
$0,500.00......Capital One - Journey Mastercard
$0,501.00......Capital One - Platinum Mastercard
$0,400.00......Credit One - Platinum Mastercard
Credit Limit: $11,101.00
Start Credit Rebuilding May 2018
Credit Score 578
Age of Oldest Account: 1 Year, 0 Months
Experian........709 - Good
TransUnion....720 - Good
Equifax..........700 - Good
I would highly recommend closing the CreditOne account. Where did you get your scores from? As long as they are not from CK or similar sites, then I would recommend applying for another card and to close some of your subprime cards.
Sorry to hear about your Sync Experience OP.
Wish OP would come back and share some of the DPs below for others to learn from;
1.0 How many TU HPs in last 6 months.
2.0 How many NEW TLs last 6 months.
3.0 Aggregate UTIL across all cards.
4.0 REPORTED util on SYNC accts.
5.0 Any returned payments on any Sync acct
Wish OP would come back and share some of the DPs below for others to learn from;
1.0 How many TU HPs in last 6 months.
2.0 How many NEW TLs last 6 months.
3.0 Aggregate UTIL across all cards.
4.0 REPORTED util on SYNC accts.
5.0 Any returned payments on any Sync acct
@CreditInspired wrote:
@Anonymous wrote:Synchrony did the same to me. Right after I purchased my home and another car. I have NEVER had a late payment on any of my Synchrony accounts over a several year period and they started cutting my balance and closing my accounts with zero balance. I just inherited 70k ; so don’t really need these **bleep** any more and vow I will never do business with them again !!! I urge others to not do business with this company.
Hi OP
Since you didn't provide any information, one would not just stop doing buiness with a credit card company because another is unhappy with the decisions the lender made in his/her specific situation, and especially without any background information.
Usually, when a lender starts balance chasing or taking adverse action on an account, it's because they're in protective mode. Their algorithms have spotted behavior it perceives as risky. It could be high UT, making only minumum payments on large outstanding balances over a long period of time, a signicant drop in scores, or even non-use of their cards. When adverse action is taken, Synchrony is not only looking at its own accounts that you hold, but your overall credit profile.
It is not personal and shouldn't be taken as such.
While agreeing with the above, Sych is one of the more schizophrenic lenders out there. Their decisions are hard to comprehend at times, and they do seem to AA for reasons that even the minds of MyFico can't figure out. I have an Ebates card that I rarely use as it has a tiny limit on it that seems to be stalled. At the same time I'm getting $10K CLI's from BoA and auto increases from Chase and Elan.
