Credit Card Forum
  1. #1
    Green Member
    Join Date
    Jan 2011
    Location
    FL
    Posts
    3

    Default WFNNB Victoria's Secret?

    I got contacted from WFNNB Victoria's secret about my old account. I thought the account was closed and sent to collections already but I found out not yet. What are the odds of me negotiating a settlement with WFNNB Victoria's secret and getting them to not report it as a charge off. My principal when I stopped paying was $170-180 not much but I don't know how much it has gone up to now with interest charges and late fees. If I could come up with $50 or $75 would I have a chance or is that too low of an amount? I know it is low balling it but I have to come up with money for my car payments that are behind too.

    By the way I'm thrilled to have found this credit forum!
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  2. #2
    Green Member
    Join Date
    Jan 2011
    Location
    CT
    Posts
    6

    Default

    This is a little off topic but is their credit card easy to get?
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  3. #3
    Green Member
    Join Date
    Mar 2011
    Location
    Dallas Texas
    Posts
    7

    Default

    @datrl79- Yes. this card is easy to get. It is the same card as EXPRESS that I have it was my first credit card when I was 18 and helped me build my credit. It is issued by WFNNB bank and they do approve applications with no credit history. Which is very uncommon for lenders these days. Depending on your credit score, line of credit with this lender starts at $150. I have had this card for 6 years not and started with a $150 credit line, today I have a $4,000 line of credit with that card. Interest is high just to let you know. And they come up with a minimum payment by caculating %5 of your balance. Which is high since other lenders calculate at %1 and %2. For example I owe them $1,000 so my minimum payment is $50.
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  4. Centurion Member
    Join Date
    Apr 2012
    Location
    Miami, FL
    Posts
    181

    Default

    I tried applying for that card a few months ago and my application was declined... They sent me a letter saying my risk score was too high... I don't know what they meant with that since I've never carried a balance in my life and always pay off the accounts before the closing date!!
    Amex: Business Platinum (09/12) BCP $10,500 (03/13)
    Visa: Capital One Journey $750 (04/11) Chase Freedom $1,800 (04/12)
    MasterCard Citi AAdvantage Platinum Select $8,500 (05/13)
    Discover: Discover It $2500 (07/11)
    Store Cards: Amazon $3900 (12/11) Macy's $500 (04/11) Kohl's $500 (05/12) Victoria's Secret $750 (11/12)
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