Tag: credit

I just canceled two credit cards.

Zeroed out balance, they were crap ghetto credit, goodbye.

1) HSBC. Polite and pleasant operator transfers me to “win-back” guy. He talks too fast reading the script and is hard to understand due to an accent, but very nice. After two attempts to sell me back, including a fairly pathetic 2% cashback offer and waiving the membership fee, he folds and agrees to cancel it and send me written confirmation.

2) Juniper/Apple Credit. Same type of operator transfers me to win-back guy. He is a “relationship manager” which makes me think of Dr. Neil Clark Warren. He doesn’t try to give me any deals. Instead he first tries to sell me on how great the card is, and is not chagrined at all to learn that I have 8% less interest and ten times the limit elsewhere. Then he issues a warning: if I cancel the card, it could have an adverse effect on my credit rating! He says this once and I point out that closing the account after paying it off is probably not a minus. In a more ominous tone he asks me to reconsider because it could seriously be a negative MARK on my CREDIT RATING if i canceled. “Oh no you don’t,” I say. “Enough with the threats; that is not cool. Immediately cancel the account and send me written confirmation.” He folds too.

Nice bullying, Juniper/Apple!

Credit Card Chaos update

I did as bigraoul suggested and put the fraud watch on my account with one of the big three credit agencies. Now if someone wants to open a credit account with my info the merchant has to verify it more carefully. For anyone else interested, the info for US people is at http://www.consumer.gov/idtheft/con_steps.htm

Special note to douglain: One of the charges I accidentally listed as fraudulent was the Amazon charge for ordering your book. This may lead to literary/financial/bureaucratic yucks later on as I try to rectify this. Watch out for black helicopters; there’s no telling how far They will go investigating these things.

In related news I recently got a credit card from Robinsons-May, one of our local department store chains. The information that came with the card listed two possible interest rates that might apply to it, without specifying which was currently mine. There was also no credit limit listed. Hey, I think I’ll go buy a suit that I may not be allowed to buy, and in doing so take out a loan at an unknown rate! I LIKE SHOPPING!