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-   -   My credit card got closed!!! (https://gfy.com/showthread.php?t=907375)

slapass 05-27-2009 08:33 AM

My credit card got closed!!!
 
I hope this does not effect my credit. The company is closing all accounts. I actually over pay that account so there is a positive balance. yeah don't ask. but had a 30k limit built up and now I get to start over some where else.

http://watchingthewatchers.org/read/3522

Agent 488 05-27-2009 08:36 AM

common occurance sadly.

Tanker 05-27-2009 08:37 AM

yeah that sucks

pornocruto 05-27-2009 08:50 AM

Oh thats gotta be a big pain in the ass!

I'm sure you'll get a new one dude.

JFK 05-27-2009 08:58 AM

Quote:

Originally Posted by Tanker (Post 15895646)
yeah that sucks

indeed it does:disgust

sextoyking 05-27-2009 09:06 AM

Quote:

Originally Posted by slapass (Post 15895609)
I hope this does not effect my credit. The company is closing all accounts. I actually over pay that account so there is a positive balance. yeah don't ask. but had a 30k limit built up and now I get to start over some where else.

http://watchingthewatchers.org/read/3522


Hi Slapass,

If I remember correctly Advanta never reported business accounts to personal credit reports.

I belive they reported to biz credit reports, i.e. dnb,experian, and mabey equifax biz credit.

I don't think you have much to worry about..

Sly 05-27-2009 09:07 AM

Can't you get one through your bank?

I just started using one of my older cards again so that it doesn't get closed for inactivity.

LiveDose 05-27-2009 10:33 AM

I have shut down most of my credit cards because of the bs being pulled by some of these banks. I'm not going to be caught at a business dinner and have my card declined for a $500 meal because some automated system decides to reduced credit limits or shut the card down. I've heard some ridiculous stories lately.

That on top of 2 cards having their rates jacked up in the last year out of the blue even though I use them and pay them off regularly. Fucking bs.

Been using 3 debit cards recently with peace of mind.

Iron Fist 05-27-2009 10:54 AM

I'm sleeping on a mattress stuffed with cash lately... no worries here!

slapass 05-27-2009 10:57 AM

I can get another card. I have other cards. But 30k limit, nope, only had the one. 1% cash back on all purchases with no limit. Nope, they were the best I found. 4 days notice to move all reocuring charges. Really this sucks. I am totally amazed they could not sell the better accounts.

slapass 05-27-2009 11:00 AM

in hindsight the three exclamations is maybe overkill in the title but i loved this card...

Barefootsies 05-27-2009 11:01 AM

I do not believe business accounts effect your personal, in regards to credit cards/lines, etc..

I could be wrong, but I remember then explaining to me when I was getting my business credit card, as well we bank explaining it when I was setting up my accounts.


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