Credit Cards Closing Accounts

[Coronita]

[quote=pri_dk]Was just talking to a friend on the phone and she told me AMEX canceled her card and yanked her 105K accumulated points. They offered no explanation.

She’s an attorney, makes over $200K per year and has pristine credit. They lost a customer that could have been worth tens of thousands of dollars over the years just to save a few hundred bucks by denying her reward.

CEO’s are now desperate to squeeze every dollar out of short-term earnings, and they are willing to destroy their business if necessary.

I have an AMEX cash reward of close to $1000 bucks coming to me in a few months. I’m wondering what the chances are that I’ll see it…[/quote]

Maybe because her profession makes her a huge Amex risk 🙂

[urbanrealtor]

[quote=donaldduckmoore]Ah, sounds familiar, that happened to me twice already. My question: will closing my account on their sides affect my credit score? If not, who cares about them closing all of my account! I opened credit card accounts for points purposes.[/quote]

I have said it before but you really might want to talk to a lending professional to get an opinion regarding the specific effect.

Here is one that I like.

[email protected]

Her name is Carina.

I use her for my own credit.

[urbanrealtor]

[quote=donaldduckmoore]Ah, sounds familiar, that happened to me twice already. My question: will closing my account on their sides affect my credit score? If not, who cares about them closing all of my account! I opened credit card accounts for points purposes.[/quote]

I have said it before but you really might want to talk to a lending professional to get an opinion regarding the specific effect.

Here is one that I like.

[email protected]

Her name is Carina.

I use her for my own credit.

[urbanrealtor]

[quote=donaldduckmoore]Ah, sounds familiar, that happened to me twice already. My question: will closing my account on their sides affect my credit score? If not, who cares about them closing all of my account! I opened credit card accounts for points purposes.[/quote]

I have said it before but you really might want to talk to a lending professional to get an opinion regarding the specific effect.

Here is one that I like.

[email protected]

Her name is Carina.

I use her for my own credit.

[urbanrealtor]

[quote=donaldduckmoore]Ah, sounds familiar, that happened to me twice already. My question: will closing my account on their sides affect my credit score? If not, who cares about them closing all of my account! I opened credit card accounts for points purposes.[/quote]

I have said it before but you really might want to talk to a lending professional to get an opinion regarding the specific effect.

Here is one that I like.

[email protected]

Her name is Carina.

I use her for my own credit.

[urbanrealtor]

[quote=donaldduckmoore]Ah, sounds familiar, that happened to me twice already. My question: will closing my account on their sides affect my credit score? If not, who cares about them closing all of my account! I opened credit card accounts for points purposes.[/quote]

I have said it before but you really might want to talk to a lending professional to get an opinion regarding the specific effect.

Here is one that I like.

[email protected]

Her name is Carina.

I use her for my own credit.

[macromaniac]

It will affect your score when you start having these cards canceled. Scores lower because it “appears” creditors are restricting or cancelling your accounts because you are a future risk for default. I took an in depth course on the A to Z’s of credit from a lady who has been doing credit consulting for high powered and high net worth individuals for 18 years. The stuff I learned is pretty amazing.

[macromaniac]

It will affect your score when you start having these cards canceled. Scores lower because it “appears” creditors are restricting or cancelling your accounts because you are a future risk for default. I took an in depth course on the A to Z’s of credit from a lady who has been doing credit consulting for high powered and high net worth individuals for 18 years. The stuff I learned is pretty amazing.

[macromaniac]

It will affect your score when you start having these cards canceled. Scores lower because it “appears” creditors are restricting or cancelling your accounts because you are a future risk for default. I took an in depth course on the A to Z’s of credit from a lady who has been doing credit consulting for high powered and high net worth individuals for 18 years. The stuff I learned is pretty amazing.

[macromaniac]

It will affect your score when you start having these cards canceled. Scores lower because it “appears” creditors are restricting or cancelling your accounts because you are a future risk for default. I took an in depth course on the A to Z’s of credit from a lady who has been doing credit consulting for high powered and high net worth individuals for 18 years. The stuff I learned is pretty amazing.

[macromaniac]

It will affect your score when you start having these cards canceled. Scores lower because it “appears” creditors are restricting or cancelling your accounts because you are a future risk for default. I took an in depth course on the A to Z’s of credit from a lady who has been doing credit consulting for high powered and high net worth individuals for 18 years. The stuff I learned is pretty amazing.

[donaldduckmoore]

I was told by the card company that it won’t affect my credit score. That is another lie from the bank. Down with the banks.

[donaldduckmoore]

I was told by the card company that it won’t affect my credit score. That is another lie from the bank. Down with the banks.

[donaldduckmoore]

I was told by the card company that it won’t affect my credit score. That is another lie from the bank. Down with the banks.

[donaldduckmoore]

I was told by the card company that it won’t affect my credit score. That is another lie from the bank. Down with the banks.

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