GIXXER wrote:
I got decline for a wamu credit card the reason they said is because i had a providian card did not keep in good standing in 2001 they said they will give me a secured card if i want it. are try back at a later time they said they would not report this inq to the credit bureau.
DW had a Providian card from 2001 until 2005 when WAMU bought them out. I PIF every month, (never late), but it got sold to Columbus Bank and Trust in Atlanta GA and is handled now through SST Card Services as a bad account (29.99% APR, no future credit line increases allowed). Needless to say, it is in sock drawer and only used enough to keep it active because of the age of TL reported (since 2001).
She has been blacklisted by WAMU for having a Providian account in bad standing even though I PIF faithfully for four years without ever being late. Did not know until I found this forum that what I was doing caused the problem because I was maxing out the card (I was AU) and paying it off every month without any regard to Utils or how Providian was reporting to CRA. Long story short, WAMU blacklists based on Providian records. Took me five tries to get WAMU approval on Platinum card with $1000 CLI.
Sad part is we have been WAMU customers with both personal and business checking and savings accounts since 1998.