Weird Macy’s Policies.

Dec 022011
 

So as most of you know, Macy’s removed their credit limit’s around March of 2011. Now to purchase almost anything you need to call first and ask to see if it’ll be "approved" or not, on top of all that since they removed credit limit’s they don’t report the limit on your credit report which may or may not affect your utilization since it’ll report a balance but no limit…..

Well i recently called because i wanted to do a little christmas shopping, before calling i knewi had a $ 100 limit….. i called to see if they’d increase it to $ 400 overall. She said that i should try a larger amount so that they’d counter offer the maximum, well i said ok and told her to try $ 10,000, well as it turns out, i was approved for a $ 10,000 limit on my macy’s card… i didn’t even know they gave those limits on macys cards!!!!

 

So when it comes down to it… That extra $ would greatly help my utilization percentage…. too bad they don’t report the limits…. doesn’t that suck?!?! any way of me getting them to report my limit?!?!?! anyone think it’ll ever change????

Credit mortgage
byMANILA IMPERIAL MOTOR SALES . . . .

so i want to buy a house….one day…. is there any way to not have credit cards, but still somehow get a credit history and therefore a credit rating towards a mortgage?

Credit Risk Assessment: The New Lending System for Borrowers, Lenders, and Investors (Wiley and SAS Business Series)

"Clark and Mingyuan start with an insightful and comprehensive description of how market participants contributed to the current crisis in the residential mortgage markets and the root causes of the crisis. They then proceed to develop a new residential mortgage lending system that can fix our broken markets because it addresses the root causes. The most impressive attributes of their new system is its commonsense return to the basics of traditional underwriting, combined with factors based on e

List Price: $ 49.95 Price: $ 27.66

Contact Information Request

Jan 282011
 

Working on requesting the following creditors to remove COs from my report.  Any helpful information PM’ed to me would be appreciated!!

 

Also looking to remove a tax lien from DE State, if anyone has help/suggestions.

 

CAPITAL ONE  

FIRST PREMIER  

HOUSEHOLD CREDIT SERVICES  

MACY’S/DSNB  

MIDLAND CREDIT MANAGEMENT  

 

Thanks!!!

One Charge Off

Jan 102011
 

This is my first time posting to a site like this, but I could really use some advice.

 

A few years ago (as a smart “know it all” 20 year old) I got a credit card and charged the hell out of it. I missed the first payment and then that turned into missing every payment. Needless to say, we can all see where this is headed, straight to collections. I didn’t take care of it with the first place because the company wouldn’t accept payments, got sold to another company and the same thing happened, then finally it got to another agent who was super helpful and willing to accept payments. I decided that I wanted it to be over and done with in less than a year. I paid off a little less than 3600 in roughly 10 months. A month after that I requested a letter from them saying that I in fact did pay off the balance.

 

All this occured roughly 3 years ago. Since then I have been trying so very hard to reestablish my credit. I was not told about how a secured card worked until a year ago and have seen had one and never missed a payment and always paid everything off in full. I also have a macy’s card I’ve had since I was 18/19. I am getting married in roughly 18 months and my soon to be husband has excellent credit and I obviously don’t. My questions are:

 

1. What else can I be doing aside from having the secured card to raise my score?

2. Should I have sent the letter from the collections company to the credit bureaus?

 

Thanks again in advance.

 

DSNB – Macy’s and Bloomindales

Aug 042010
 

Has anyone had any luck with GW letters to either Macy’s or Bloomindales? I paid both 4/2006 before they were sent to a CA. I currently have a Macy’s Elite store card opened 3/2007 with perfect pay history.

Related Blogs

  • Related Blogs on DSNB – Macy’s and Bloomindales

Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

Apr 012010
 

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100331005789&newsLang=en

 

“We are excited to be able to bring the benefits of this American Express partnership to Macy’s and Bloomingdale’s customers,” said Tom Cole, Macy’s chief administrative officer. “The new co-branded American Express cards will continue to support the Macy’s Star Rewards and Bloomingdale’s Insider loyalty programs. We expect a smooth transition for our customers without interruption to their shopping experience.”

Should I apply for multiple cards or just one every so often?

Mar 012010
 

Hi all!

 

Like most I get sucked into the wealth of knowledge here on the forums but I can’t seem to find any recent information on my quandary.

 

I’ve been able to slowly increase my scores over the last year and a half, but I’m not sure how much additional credit I should apply for.  My credit report card from creditkarma gives me all A’s and B’s in all categories except credit inquiries "C" (for 3 inq’s in 2 years) and a big fat "F" for total accounts. 

 

Until this past weekend I only had two open CC’s, CapOne since nov 2008 with a $1000 CL, and BoA (1998) with a CL of $2700.  My wife convinced me to open a Macy’s account a couple of days ago in order to get an extra discount on a mattress, not sure of the CL on this is but it should be somewhere between $1000-$1500 or hopfully more because the total purchase was applied to the new account.  As soon as I receive the account info I’ll pay the balance off in full because the interest rate is almost 25%!

 

I’ve been thinking of applying for some type of rewards card but I’m not sure if I should absorb another inquiry.  Other than the Macy’s hit, all I’ve had in the past 2 years is the CapOne from 2008, and one in May of 2009 for my mortgage app.

 

I’m sure the inq’s will hurt for some CC’s but I’m not sure which ones, but I’m just curious should I wait or should I press on?

 

Any advice is appreciated!

 

Stores with instant credit

Feb 282010
 

Can you help me to make a list of stores with instant credit and the banks they are going through? Macy’s (citi), Nordstrom (nordstrom), BestBuy (HSBC), Sears (HSBC), JC Penny (?)

Plan of Attack

Feb 242010
 

Ok I need some advice on how to approach this matter. I am trying to determine how to best pay the follve a owing items. I am over the limts on all as you can see. I have a set amount of money to devote to paying on them. I am just not sure if I should pay to bring them all down under the credit limits or pay a few of them off and work on paying the others down each month as I get more money. Please help…..

 

Debt                        C/L                  Balance      APR% 

Dillards                   $100.00             $78.55      27.24%

Discover                  $300.00           $712.87      29.99%

Best Buy                 $320.00          $738.52      29.99%

Credit One               $200.00          $398.04      23%

JC Penney’s             $100.00           $87.94      24%

Kay Jewelers       we closed           $553.69     21%

Macy’s                  $100.00            $146.14     24.50%

Orchard                 $300.00            $762.27     29.99%

 

I have around $1600 to put towards this right now….

Thanks in advance for any input….

Trying to get paid off or at least down so hubby can start looking for another vehicle soon

 

Message Edited by NikJ4 on 02-23-2010 06:54 PM
Message Edited by NikJ4 on 02-23-2010 06:55 PM
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