@juggalo9er wrote:
@NRB525 wrote:
@juggalo9er wrote:had card 1 year 1000 starting line
2 hp's over 3 months 1500, 250 each time
closed account when disco requested 4506-t
hold on now, you just posted in another thread that you were doing an $11.00 BT between Discover and CapOne? That doesn't seem like an odd set of transactions to you? Just throwing out ideas for why they would want to know more about what you are doing.
i am sure my account was fr'd due to a joke of an $11 balance transfer lol
if thats why they closed the account then they are worse then i could put into words
I thought you closed the account? Lenders don't spend time on a 4506-t or Income Verification request without some reason.
@NRB525 wrote:
@juggalo9er wrote:
@NRB525 wrote:... and also please share your details about what your credit profile looks like so we can put it in context...
and this means what
make excuses for a lender that either does not grow or grows so slowly people tire of it and simply stop using it
No, each bank has tendencies that they follow for which credit profiles they like to lend to, or how they seem to adjust to certain circumstances. Just throwing out a comment that a lender asked for a 4506-t is not really putting the entire CCC - Cardholder relationship in perspective, including things like how the account was used, whether other CC were being opened, etc.
My intent is to provide some useful discussion. If Discover is running a form of AA, it is helpful for others to get the full story. Othewise it's just a pity party.
the only pity i have is on people who still have the card
it did not work for me. rewards never posted correctly
credit line was horrible
never abused the account well shy of the $11 bt for three months
@juggalo9er wrote:
@NRB525 wrote:
@juggalo9er wrote:
@NRB525 wrote:
@juggalo9er wrote:had card 1 year 1000 starting line
2 hp's over 3 months 1500, 250 each time
closed account when disco requested 4506-t
hold on now, you just posted in another thread that you were doing an $11.00 BT between Discover and CapOne? That doesn't seem like an odd set of transactions to you? Just throwing out ideas for why they would want to know more about what you are doing.
i am sure my account was fr'd due to a joke of an $11 balance transfer lol
if thats why they closed the account then they are worse then i could put into words
I thought you closed the account? Lenders don't spend time on a 4506-t or Income Verification request without some reason.
debateable who closed it, technically they did the moment they asked for the 4506-t
lol Ok.
Not really. What they were trying to do was understand their customer.
@juggalo9er wrote:
@NRB525 wrote:
@juggalo9er wrote:
@NRB525 wrote:... and also please share your details about what your credit profile looks like so we can put it in context...
and this means what
make excuses for a lender that either does not grow or grows so slowly people tire of it and simply stop using it
No, each bank has tendencies that they follow for which credit profiles they like to lend to, or how they seem to adjust to certain circumstances. Just throwing out a comment that a lender asked for a 4506-t is not really putting the entire CCC - Cardholder relationship in perspective, including things like how the account was used, whether other CC were being opened, etc.
My intent is to provide some useful discussion. If Discover is running a form of AA, it is helpful for others to get the full story. Othewise it's just a pity party.
the only pity i have is on people who still have the card
it did not work for me. rewards never posted correctly
credit line was horrible
never abused the account well shy of the $11 bt for three months
Ok, well sorry to hear that. My experience has been quite good over the last year.
From a $5k CL, I got a double whammy: $3k 12-month temporary CLI, along with a 12-month 0% APR BT offer, which I promptly maxed out, transferring $7,727 onto the card. 96.5% utilization.
Then, a few months later, they sent me a "spend $1,000, get 10% back" offer. So I spent $1,010 on the card and got $100 back. I had room for that because I was paying down the $7,727 at a rapid clip.
Then, they sent an offer for 0% interest on new charges for some number of months. I think that overlapped with the $1k spend offer. At that point, I was getting so many offers from them, I missed that they had made this offer until the $1k I had charged wasn't posting any interest expense on my monthly statements. I'm like, wth?
And, in Q1 2015, every time I see a new gasoline charge on my Discover account, there's a confirmation that I'm ready to roll! Boosters they are!
So to those who are hating on Discover, I have no conception of hating on Discover. I just have to think the other cardholders aren't doing something right.
