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@Anonymous wrote:
@Creditplz wrote:
Here's a article on the WSJ about defaults on cards rising.. Could this be one of the issues
??
Thanks so much for posting your information here, Creditplz.
+100 Thanks Creditplz!
Stinks this is happening to people for sure. Somehow I expect we aren't the normal and getting hit by Sync with AA as most people don't need 25-35k on Lowes or Marvel CC and the likes and be bumping right up or beyond their 100k exposure limit and use the cards very minimally. I am guilty of having an ebates card of 10k and only putting 20ish a month on it and a PayPal MC and putting 5ish a month on it along with carecredit for just in case moments which this card should be used for so not worried there. Do I really need a 10k ebates card though as I sure in the heck am not going to be paying 23% interest on a purchase i plan on carrying
I am guilty of having an ebates card of 10k and only putting 20ish a month on it
Ditto for me.
@Anonymous wrote:Did it affect anyone's Amazon Store card account? My utilization is 3.5% over there. I"ve had the card for 15 months and always pay in full every month.
I would think that ppl who have decent ut's, like 10% or below, and paying on their accts normally, would not be affected by this. I have about 62k in total from them & owe them nothing. I had a balance on Sam's Club and since seeing these, all get pif when I use them. And I do use them monthly.
@CreditCuriousity wrote:Stinks this is happening to people for sure. Somehow I expect we aren't the normal and getting hit by Sync with AA as most people don't need 25-35k on Lowes or Marvel CC and the likes and be bumping right up or beyond their 100k exposure limit and use the cards very minimally. I am guilty of having an ebates card of 10k and only putting 20ish a month on it and a PayPal MC and putting 5ish a month on it along with carecredit for just in case moments which this card should be used for so not worried there. Do I really need a 10k ebates card though as I sure in the heck am not going to be paying 23% interest on a purchase i plan on carrying
They want to see balance on their accounts for them to make money. If it is not the case, you are not a keeper ( my opinion).
+1 Guilty also.
I surely didn't need $20k on my Sams MC.
On a side note, I am glad I didn't jump on the Marvel bandwagon, surely that card would be $20k too.
This sucks for everyone but we are sure glad you guys are sharing with us. Without everyone sharing everyone would be in the dark.
Thank you for bringing this to the light.
@Anonymous wrote:
@CreditCuriousity wrote:Stinks this is happening to people for sure. Somehow I expect we aren't the normal and getting hit by Sync with AA as most people don't need 25-35k on Lowes or Marvel CC and the likes and be bumping right up or beyond their 100k exposure limit and use the cards very minimally. I am guilty of having an ebates card of 10k and only putting 20ish a month on it and a PayPal MC and putting 5ish a month on it along with carecredit for just in case moments which this card should be used for so not worried there. Do I really need a 10k ebates card though as I sure in the heck am not going to be paying 23% interest on a purchase i plan on carrying
They want to see balance on their accounts for them to make money. If it is not the case, you are not a keeper ( my opinion).
Oh that is what I am saying I am not a keeper, not disagreeing with you.. Just saying people with large CL's with them that don't use them aren't making them money so yes was agreeing with you!
Very informative thread with regards to sync card account holders, so thank you. My exposure with them is currently $42K with my income north of $160K. I too only spend a fraction of the limits allocated each month. Guilty like most are.
769 ![]() | 774 ![]() | 764 ![]() | UTIL: 2% | AAoA: 5yr 8mos | Total Credit Line: $873,950 |
Another element to include in the mix is it seems like this is happening to a lot of users who received Stash or Marvel with CLI at opening.
Just an idea