Citibank Credit Report Cards
2010
A credit card company can cancel your account if not used?
I have not used my Citibank card over a year. I more sparingly, but not my one because Citibank had the most consistently high in April i went last month to call my credit card companies to see if my rate could be reduced while being more responsible financially etc. and 3 of them in fact significantly reduce … indeed. I could not find my number Citi card So I called 100-800. The person who suggested I report my card lost or stolen, because I could not find … and issue a new card with a new account number. For more than a week and I had received in the mail … so I called to and closed my account because I had not used in more one year … and said the reason was that I was abused by having a credit account and use no no. Does anyone else think this is BS? Ah, yes … I had the card since college, graduated in 1994. oops I've written. I only 3 cards .. Now 2.
Record keeping is a cost to the lender even if you do not count. Make that especially if you do not count, because they pay interest on loans. This part is speculation, but the credit limit may have given lower the amount of credit that could provide customers with alternatives that could really benefit from their loans and pay interest. Yes, you can close, or not renew an account at the time of your choice. This is a business plan for them. who want to make a profit. I do not quite agree with the statement that has been "abused" for not using credit, however. You just do not use in the most benefited. From a different point of view, were very responsible with credit use a card with the highest interest.
CitiBank Identity Theft Commercial
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