Popular credit advice that's nonsense

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Vattené
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Re: Popular credit advice that's nonsense

Postby Vattené » Fri Oct 23, 2015 10:08 am

Vermonster wrote:Pizza is quite the storyteller. Having $200k+ credit limit almost 2 years post BK reeks of BS. Add in that she is pissed about a minor change to a Sam's Club card and I really start to question everything, including the BK.

But this is my favorite quote that completely sums up MF
It most definitely is bad business practice to misquote or mislead people into thinking they'll be getting one thing and get another. For example, I went on a 1 day mini vacay get away, they advertised a 40" TV in room, tv was 32...did I complain? heck yeah...got a $50 credit for the 'misleading' information on there site.


It's those types of people - taking joy in getting something, anything for free as long as they're a big enough PIA - that make me glad I don't work at McDonald's anymore.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now


Nixon
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Re: Popular credit advice that's nonsense

Postby Nixon » Fri Oct 23, 2015 10:45 am

Pretty much my point.

I can't imagine what it must be like to expect something for nothing. But to that end, something for nothing when one has proven themselves to be a bad credit risk time after time.

Someone once chided me for "shaming them" because I didn't coddle them when they got a hard pull for an increase THEY requested on a store card. If they can't understand that EVERY request for credit can result in hard pulls then they have no business requesting credit.
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9Cline
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Re: Popular credit advice that's nonsense

Postby 9Cline » Fri Oct 23, 2015 11:16 am

Wow ... So many myth busters out there,, nice topic w lots of eye openers for some of us less credit educated people...
Thanks so much...
@ CarefulBuilder14
I admit to being guilty of those blanket Congrats over at other site...
Can't tell ya how many times I had typed exactly what you were saying about gardening or waiting and changed the reply to Congrats.... :oooo ,,,but, I knew I couldn't be the only one feeling that way !!
LOWES, DISCOVER-iT, MACY'S-AMEX PREMIER ELITE, AMEX-EDP, AMEX-BCP, CITI-DC WEMC, JCP-PLAT MC, CITI BESTBUY, CHASE SAPPHIRE , CHASE FREEDOM VS, BELK ELITE, HOME DEPOT :beat:

Nixon
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Re: Popular credit advice that's nonsense

Postby Nixon » Fri Oct 23, 2015 11:40 am

Thats the issue when you have a forum governed by the same company that assigns creditworthyness on a numerical scale.

Can't "offend" anyone, can't tell it like it is. I highly suspect AMEX D* was shut down precisely because of its prominence on MyFICO.
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CarefulBuilder14
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Re: Popular credit advice that's nonsense

Postby CarefulBuilder14 » Fri Oct 23, 2015 1:10 pm

I don't think a claim of getting $200k in credit 2 years after BK is necessarily BS. I certainly don't think that the $200k includes a $50k Amex or Chase card, but a lot of lenders have low credit standards. Claims of $10k Venture cards shortly after BK seem increasingly common enough as to be plausible. Add in some obscure CU and many store cards...some with loose underwriting and SP CLIs...and $200k isn't so difficult. Some serious CLDs might result if someone tried to use much of it, though.

It seems hard to comprehend because some people work hard to find credit in places most of us would never think to look...places most of us wouldn't want credit.

Credit, like something else, is easy to find if you're desperate enough and have incredibly low standards.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

jfriend33
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Re: Popular credit advice that's nonsense

Postby jfriend33 » Thu Oct 29, 2015 1:49 pm

Nixon wrote:So getting back on topic (Not really!)

It seems MF is alive and well with resident straightjacket candidate Laura (Pizza1), sparking up a thread about how she is pissed about Synch not upgrading her Sam's card......

I love some of the responses (Kev, again, you show WAY too much restraint) And naturally am cringing at some of the same old coddling BS. It really solidifies the fact that I just don't belong there and never did. The number of times I had to hold back was easily half my posts there. Wow. :ppp

http://ficoforums.myfico.com/t5/Smorgas ... -p/4287698


Pleased to meet u nixon! Have heard lots of folks talking about missing you at the other forum!

Dear god I hope nobody talks bad about me here LOL now ya got me all paranoid!



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