December 2015 Garden Club

For just about anything you want to get off your chest about credit cards.
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Nixon
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Re: December 2015 Garden Club

Postby Nixon » Wed Dec 02, 2015 10:22 am

kdm31091 wrote:The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".


I freakin' love it dude.

Can't wait for Laura to lose half her available credit overnight. 1% util will become 2% and nuclear war will ensue. :beat:
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kdm31091
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Re: December 2015 Garden Club

Postby kdm31091 » Wed Dec 02, 2015 10:30 am

Nixon wrote:
kdm31091 wrote:The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".


I freakin' love it dude.

Can't wait for Laura to lose half her available credit overnight. 1% util will become 2% and nuclear war will ensue. :beat:


Personally I think that "1% util" thing she harps about is completely untrue, but that's just me. I find it very hard to believe that someone who was in the depths of BK 2 years ago is suddenly so great with their money that they have 250k in available credit and only report 1% util. It's beyond belief.

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CarefulBuilder14
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Re: December 2015 Garden Club

Postby CarefulBuilder14 » Wed Dec 02, 2015 11:00 am

Nixon wrote:
kdm31091 wrote:The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".


I freakin' love it dude.

Can't wait for Laura to lose half her available credit overnight. 1% util will become 2% and nuclear war will ensue. :beat:

Very amusing. A lot of people think having $30k in credit from Amex merits providing proof of income, but having $30k from Comenity somehow doesn't. A big default is a big default, regardless of who the lender is.

JonE wrote:Left the garden last month with Discover and Amazon approvals. I'll probably wait until bare minimum 6 months before applying for any of my last two wish list cards. Need to decide if I want the EDP first (minimum spend bonus is easier to obtain) or the CSP (wont run afoul of the 5x24 rule). If my TU score is improved by mid year I'll probably shoot for CLIs on Amazon. By then I should probably be dropping care credit and possibly Walmart.

EDP signup bonuses vary a lot, so it might be worth waiting for a targeted or seasonal promotion.
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

Vermonster
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Re: December 2015 Garden Club

Postby Vermonster » Wed Dec 02, 2015 11:14 am

Nixon wrote:
kdm31091 wrote:The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".


I freakin' love it dude.

Can't wait for Laura to lose half her available credit overnight. 1% util will become 2% and nuclear war will ensue. :beat:


Nahh it always reports at 1%. I bet she has exactly one card that reports only 1% each month. All others PIF including ones with 0% periods. :rolleyes:

That site has more fictitious writing than a bookstore.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k

kdm31091
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Re: December 2015 Garden Club

Postby kdm31091 » Wed Dec 02, 2015 11:23 am

The worst part is that they act as though Comenity isn't within their rights to request income verification. Yes, it's annoying and yes, it's a pain in the ass, but they have every right to ask for it. They're extending you credit and giving you rewards. The whole "well they are just making a horrible mistake" attitude is ridiculous, considering you are benefiting from their rewards. The entitlement on that website really is sickening. They all want 50k limits, top rewards, and retention bonuses, but they do not want to pay any AFs, provide any income documentation, or do anything other than milk the issuers. It's tiring, and I'm glad to see issuers are slowly but surely clamping down on them.

We all know the 1% util thing is totally BS along with most of the stuff those people claim. The income/cards/limits I think are fabricated a lot of the time.

yfan
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Re: December 2015 Garden Club

Postby yfan » Wed Dec 02, 2015 3:29 pm

Vattené wrote:
yfan wrote:
kdm31091 wrote:I'm starting to see the results of gardening and I like it. My AAOA is slowly going back up and after December a chunk of my inquiries will be older than a year. It's a good feeling, and more rewarding than apping for the FOTM.

What? You are not apping for a quadrillion Comenity cards right now?

LOL. In all seriousness, yes, gardening has its advantages. To tell you the truth, I have my eye on a Tesla in 2017 (when they come out with the cheaper model), and I want it at a nice, low interest rate. I won't get that from 90 zillion Comenity apps now, will I.

Hey now! I've been setting my sights on a Mercedes in a few years, but I might have to consider this. My wife is absolutely in love with Tesla, and this Model 3 might actually be attainable.

Well, the nonprofit I work for is raffling off a brand new Mercedes soon. :cool:

yfan
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Re: December 2015 Garden Club

Postby yfan » Wed Dec 02, 2015 4:04 pm

kdm31091 wrote:The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".

"They're this horrible shady lender I have a million cards with..." Maybe they should sound that one out.

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Vattené
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Re: December 2015 Garden Club

Postby Vattené » Wed Dec 02, 2015 5:07 pm

yfan wrote:
Vattené wrote:
yfan wrote:What? You are not apping for a quadrillion Comenity cards right now?

LOL. In all seriousness, yes, gardening has its advantages. To tell you the truth, I have my eye on a Tesla in 2017 (when they come out with the cheaper model), and I want it at a nice, low interest rate. I won't get that from 90 zillion Comenity apps now, will I.

Hey now! I've been setting my sights on a Mercedes in a few years, but I might have to consider this. My wife is absolutely in love with Tesla, and this Model 3 might actually be attainable.

Well, the nonprofit I work for is raffling off a brand new Mercedes soon. :cool:

Is it a CLA? Whatever model, that's pretty sweet.

I've been dreaming about a Mercedes ever since I got my first car at 16....which I'm still driving. It's paid for and it runs so my plan is to keep it until it just won't go anymore, but I'll be happy if it lasts until I get our other car paid off. Just need to squeeze a few more years out of that thing.
-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

yfan
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Re: December 2015 Garden Club

Postby yfan » Wed Dec 02, 2015 7:27 pm

Vattené wrote:
yfan wrote:Well, the nonprofit I work for is raffling off a brand new Mercedes soon. :cool:

Is it a CLA? Whatever model, that's pretty sweet.

I've been dreaming about a Mercedes ever since I got my first car at 16....which I'm still driving. It's paid for and it runs so my plan is to keep it until it just won't go anymore, but I'll be happy if it lasts until I get our other car paid off. Just need to squeeze a few more years out of that thing.

Yes, a CLA-250 model.

My own car will be paid off in a couple of months; and I am planning on living car-payment free for a while as well.

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Vattené
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Re: December 2015 Garden Club

Postby Vattené » Wed Dec 02, 2015 9:17 pm

Are you entering the raffle (assuming employees are eligible)?

Ah, the time of no car payments was nice. I took on my first car payment a year and a half ago with my wife's car, but we're on track get it paid off over a year early so here's hoping that stays according to plan. As soon as it does I would like to keep setting that amount aside monthly until I have to get another car. As for MY car...you know those annoying Buick commercials? Mine is the Buick they're all talking about.
-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



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