@Imperfectfuture wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@2b2rich wrote:
I have new prequals for multiple Comenity cards still coming up. Also a couple of the ones shut down now have new preapprovals showing up again.
@humuhumunukunukuapua'a wrote:
It is just insane and a slap in the face to the customer when they receive preapprovals for the same exact cards that were just shut down a week or two prior! Kind of like rubbing salt in a wound also.
Comenity makes zero sense and is pretty disorganized.
But as I said upthread, Amex did a similar sort of thing (not a preapporval but actually gave me the card)
Insanity apparently is genetic with certain credit card companies.
Some may like the insanity. But, I still am of the nose clean variety. Have never tried for the shopping cart trick. If they had grocery store cards for the ones I shop at, well. Haven't checked overstock in a long time. My other cards cover groceries. Pretty well. Sorry for the total closures, must suck.
Thanks. Yeah the closures suck but only a couple of them were great cards. They basically cleaned house for me and now almost all my stuff is prime or some really useful stuff like Sam's and Amazon. I don't know that Chase or Amex will pay all that much attention to the Comenity closures. Don't have anything else going on profile wise that would send red flags up. I keep very low utilization and push a lot of spend across everything else and PIF most of it.
@Anonymous wrote:
Don't have anything else going on profile wise that would send red flags up. I keep very low utilization and push a lot of spend across everything else and PIF most of it.
@humuhumunukunukuapua'a wrote:
These are just some of the reasons why Comenity is wrong to do this. They will end up losing some really good customers, because a lot of people with card closures were actually using their cards responsibly and making money for Comenity.
I actually haven't seen anyone post yet who said they had maxed out their Comenity cards or anything crazy like that. Many people paying in full. Great risk analysis model, Comenity. 
I'm adding this information that elegua01 was nice enough to share, as I think it contains some relevant information pertaining to CLI requests as well:
elegua01 wrote:
Hi guys,
Called comenity and got an update on my closed virgin visa that i want to share, my card was closed because several credit limit increase tries, i remember tried one or twice a month, well i guess they didn't like it, i was told that i can try to speak with someone and try to re-open it again but i refused, i told them to leave it closed, i already cut the card and really dont want to deal with Comenity again.
Hope this help 
@Anonymous wrote:
@Anonymous wrote:
Don't have anything else going on profile wise that would send red flags up. I keep very low utilization and push a lot of spend across everything else and PIF most of it.
@humuhumunukunukuapua'a wrote:
These are just some of the reasons why Comenity is wrong to do this. They will end up losing some really good customers, because a lot of people with card closures were actually using their cards responsibly and making money for Comenity.
I actually haven't seen anyone post yet who said they had maxed out their Comenity cards or anything crazy like that. Many people paying in full. Great risk analysis model, Comenity.
I know it is easier to state that banks are being foolish etc, but the reality is we don't know their risk models. Perhaps if we had access to the same information we would agree. Algorithmic closures always risk hitting false positive customers, but the overall impact may well be good, reducing risk more than decreasing income. And much more cost effective than considering each case on its merits which you simply cannot do with large number of customers.
@dragontears wrote:I am not sure I buy the loss of a "good customer" angle, most of the closure threads I have read at some point the person states they barely use the cards and only have them for utilization padding. NO lender wants some one to have a card just to pad utilization.
Thus far I've talked to about 14 people on here who had closures and were actually using the cards as well as having established a good payment history. While that's not a huge number, it's enough to say there is more going on here than just usage or non-usage. Like everything else in the credit world, it's a complex number of factors that weigh in.
@Anonymous wrote:
@dragontears wrote:I am not sure I buy the loss of a "good customer" angle, most of the closure threads I have read at some point the person states they barely use the cards and only have them for utilization padding. NO lender wants some one to have a card just to pad utilization.
Thus far I've talked to about 14 people on here who had closures and were actually using the cards as well as having established a good payment history. While that's not a huge number, it's enough to say there is more going on here than just usage or non-usage. Like everything else in the credit world, it's a complex number of factors that weigh in.
I guess it depends on what is meant by "good payment history" since some think 3-4 months is long enough to qualify as "good payment history". also usage can be vague since to one person $100/month may be classified as good usage while another person good usage is >$1000/month.
you seemed determined to ignore risky behavior and chalk this all up to a lender behaving irrationally.
Not at all. I think posting the various experiences that people have with this situation has been helpful to show similarities and differences. I have personally seen a few people have their accounts closed who had 2+ year positive histories with Comenity, and I don't like to see this happening to anyone.