Comments on: The Card with the Credit Score http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 By: Chris http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-8945 Chris Sat, 15 Nov 2008 23:12:10 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-8945 I had a WaMu visa and a WaMu mastercard. Both were over 2 years old and I had not used either one. Well out of the blue i get a letter stating that due to lack of use, they HAD CLOSED my Mastercard. Then a few months later, they told me they HAD CLOSED my Visa, also due to lack of use. Of course I had no advance notice and no negative history of payment with them. If anything, my credit score had increased over the time I had my cards with them. No wonder they went bankrupt! I am now taking the $20,000 I have in savings acoount in their bank and moving it elsewhere. I will never give them my business again! I had a WaMu visa and a WaMu mastercard. Both were over 2 years old and I had not used either one. Well out of the blue i get a letter stating that due to lack of use, they HAD CLOSED my Mastercard. Then a few months later, they told me they HAD CLOSED my Visa, also due to lack of use. Of course I had no advance notice and no negative history of payment with them. If anything, my credit score had increased over the time I had my cards with them. No wonder they went bankrupt! I am now taking the $20,000 I have in savings acoount in their bank and moving it elsewhere. I will never give them my business again!

]]> By: Kristy http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4443 Kristy Tue, 12 Aug 2008 16:34:34 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4443 Patrick, I think you'll be fine if you apply for the card. I'm merely offering some caution when dealing with WaMu. A lot of people have had trouble, but some haven't. I think it's all a matter of expectation and education. If you go into the arrangement aware of certain issues that could come up, you're more likely to avoid them. But, come back and let us know how things turn out! Patrick, I think you’ll be fine if you apply for the card. I’m merely offering some caution when dealing with WaMu. A lot of people have had trouble, but some haven’t. I think it’s all a matter of expectation and education. If you go into the arrangement aware of certain issues that could come up, you’re more likely to avoid them. But, come back and let us know how things turn out!

]]> By: Patrick M. O'Halloran http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4435 Patrick M. O'Halloran Tue, 12 Aug 2008 11:55:56 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4435 I am applying for a Wa Mu credit card....am I on the right site? I am applying for a Wa Mu credit card….am I on the right site?

]]> By: Prince of Thrift http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4338 Prince of Thrift Wed, 06 Aug 2008 15:06:36 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4338 TransUnion...least used? I think (could be wrong) that depends on where you live. Here in the Midwest, and in my case, it seems everyone uses TransUnion and rarely checks the other 2. TransUnion…least used?

I think (could be wrong) that depends on where you live. Here in the Midwest, and in my case, it seems everyone uses TransUnion and rarely checks the other 2.

]]> By: Rike http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4332 Rike Wed, 06 Aug 2008 05:59:32 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4332 I've been a customer of Wamu since the early 90s. We spend the Winter in Arizona where there are no Wamu Banks and I used to do all my necessary banking on their automated system without ever encountering a problem. Now I do it all on their internet site and have had no reason to use their customer service other than in two minor incidents, again without problems. I applied (and received) a Wamu Credit Card a year or so ago when they offered 10% cash back on fuel and 5% on groceries for 6 months. I've had CDs with them and no problem cashing them at the end of the term (like I've heard some people had with other banks). I've dealt with other banks and have always found Wamu easier. All in all, my Wamu accounts have been a positive experience for close to 20 years. P.S. Other than being a customer of Wamu, I have no other association with them. I’ve been a customer of Wamu since the early 90s. We spend the Winter in Arizona where there are no Wamu Banks and I used to do all my necessary banking on their automated system without ever encountering a problem. Now I do it all on their internet site and have had no reason to use their customer service other than in two minor incidents, again without problems. I applied (and received) a Wamu Credit Card a year or so ago when they offered 10% cash back on fuel and 5% on groceries for 6 months. I’ve had CDs with them and no problem cashing them at the end of the term (like I’ve heard some people had with other banks). I’ve dealt with other banks and have always found Wamu easier. All in all, my Wamu accounts have been a positive experience for close to 20 years.
P.S. Other than being a customer of Wamu, I have no other association with them.

]]> By: Kristy http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4329 Kristy Tue, 05 Aug 2008 21:33:10 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4329 Hmm...that's interesting Philip. They actually market it as your FICO score, albeit from Transunion, but still. Nice to know. Hmm…that’s interesting Philip. They actually market it as your FICO score, albeit from Transunion, but still. Nice to know.

]]> By: Philip http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4328 Philip Tue, 05 Aug 2008 21:20:01 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4328 I have a WAMU card that was providian. I personally have not had many issues with it, but you should note that the score they give IS NOT FICO, nor is it even your total score. It is a credit biased score for credit cards, not home loans or anything else. When I actually checked my true FICO scores they were all about 50 points lower than what WaMu had listed. However, it is nice to be able to watch the score to see if something happened or what I do changes it. I just assume that it only represents changes not real numbers for getting loans. BTW, I no longer use the card due to rates on it and no rewards, I have killed off all CC debt and only use 1 card for rewards. I have a WAMU card that was providian. I personally have not had many issues with it, but you should note that the score they give IS NOT FICO, nor is it even your total score. It is a credit biased score for credit cards, not home loans or anything else. When I actually checked my true FICO scores they were all about 50 points lower than what WaMu had listed. However, it is nice to be able to watch the score to see if something happened or what I do changes it. I just assume that it only represents changes not real numbers for getting loans.

BTW, I no longer use the card due to rates on it and no rewards, I have killed off all CC debt and only use 1 card for rewards.

]]> By: Kristy http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4327 Kristy Tue, 05 Aug 2008 20:23:52 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4327 Ashley, thanks for sharing that you have a card with WaMu! I'm always glad to know what readers think. Sorry I scared you, this is just stuff that I've dug up from other people, but I can't personally speak to. They may just be isolated incidents. But, since you know what to look out for, you may have no trouble at all! Let us know if that works out for you. Ashley, thanks for sharing that you have a card with WaMu! I’m always glad to know what readers think. Sorry I scared you, this is just stuff that I’ve dug up from other people, but I can’t personally speak to. They may just be isolated incidents. But, since you know what to look out for, you may have no trouble at all! Let us know if that works out for you.

]]> By: Ashley @ Wide Open Wallet http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/comment-page-1/#comment-4321 Ashley @ Wide Open Wallet Tue, 05 Aug 2008 15:25:58 +0000 http://masteryourcard.com/blog/2008/08/05/the-card-with-the-credit-score/#comment-4321 I had a providian credit card and it's now WaMu. I love being able to see my credit score any time. It also gives a very limited look at your credit, such as how many accounts you have open, closed, and how many delinquencies. I like it because if someone stole my identity, I could see that I have more accounts open than I should. It's also interesting to see how different things affect my score. Although I haven't used the card in about 4 years because the interest rate is through the roof. I just got a credit card offer from WaMu thats zero percent til Nov of 09 with no balance transfer fee. I'm looking to move a balance so I think I'm going to sign up for it. I'll let you know if I have any problems. :) Now you've scared me! I had a providian credit card and it’s now WaMu. I love being able to see my credit score any time. It also gives a very limited look at your credit, such as how many accounts you have open, closed, and how many delinquencies. I like it because if someone stole my identity, I could see that I have more accounts open than I should. It’s also interesting to see how different things affect my score. Although I haven’t used the card in about 4 years because the interest rate is through the roof.

I just got a credit card offer from WaMu thats zero percent til Nov of 09 with no balance transfer fee. I’m looking to move a balance so I think I’m going to sign up for it. I’ll let you know if I have any problems. :) Now you’ve scared me!

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