Quote:
Originally Posted by Wylie's Mom Did you pay it off every month? If so, it could be that you are one of those customers by whom they lose money.
There is a name that CC companies give to folks who pay off their balances every month and I can't recall what it is, but there is one. Like for me -- hubby and me never carry a balance, we have no annual fee, and yet we earn miles for every purchase - hence, we're a CC Company's nightmare bc they lose mony on us.
Anyway, maybe it's that? Why on earth could they not tell you the reason? I think that's terrible!  |
No, they made money from us. In an effort to try and build credit, I charge each credit card around $100 worth of stuff, then pay $5 more than minimum. When it is paid off, I use it again. Maybe I just wasnt using them enough. All I have left is a Capital One Visa and a Circuit City card ( which is no longer good anyway since they are closing). Grrrrr... So from 4 credit cards to 1.