I fought the good fight, but lost.

For just about anything you want to get off your chest about credit cards.
4 posts
randeman
Centurion Member
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Posts: 188
Joined: Tue Jan 10, 2012 7:11 pm
Location: New York, NY

I fought the good fight, but lost.

Postby randeman » Tue Sep 04, 2012 8:08 am

So, in a nutshell, I was sued for something unrelated to credit in any form, fought it, lost, and now it's on my credit report. I settled fairly quickly and have received a letter saying information will be sent to the court that the judgment was satisfied.

My FAKO scores dropped 30 points each. I'm bummed. I don't even want to look at my credit reports as I will be even more depressed. I was hoping to shoot for Delta Amex Gold or Platinum in the near future (the only other card I want) but now I know I don't stand the proverbial snowball's chance with them for probably quite a while--if ever.

My main concern is my other credit grantors pulling the random report and deciding to close my accounts or drastically reduce my credit lines on my cards and other lines. Surprisingly enough, Discover (after the fact) gave me a routine 10% increase AFTER the judgment was on my report. Go figure.

Thoughts? Any other disasters I might expect? :(
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).


Gothicmoocow
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Joined: Sat Jun 30, 2012 4:10 pm
Location: Arizona

Postby Gothicmoocow » Wed Sep 05, 2012 11:57 am

I feel bad if this goes unanswered though i wont be much help
I can only recommend speaking to a lawyer or credit counselor. However someone here will bring about a solution for you im sure

My condolences to your 30points!

DoingHomework
Centurion Member
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Posts: 707
Joined: Tue Sep 22, 2009 1:15 pm
Location: Arizona

Postby DoingHomework » Wed Sep 05, 2012 7:21 pm

Well lawsuits are a part of life. About the only thing you can do is lick your wounds and move on.

randeman
Centurion Member
Centurion Member
 
Posts: 188
Joined: Tue Jan 10, 2012 7:11 pm
Location: New York, NY

Postby randeman » Thu Sep 06, 2012 8:42 am

Thanks for the feedback...and the sympathy...i guess it is what it is.
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).



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