Comments on: How To Stop Subscription Auto-Renews http://www.videocreditscore.com/stop-subscription-auto-renews/ Tue, 24 Jan 2012 18:29:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: VideoCreditScore-Andy http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-772 VideoCreditScore-Andy Sat, 06 Jun 2009 15:37:31 +0000 http://www.videocreditscore.com/?p=2519#comment-772 It should work exactly the same. A company debiting your account can't get access to your new card number without your approval. It should work exactly the same. A company debiting your account can’t get access to your new card number without your approval.

]]> By: PB http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-758 PB Thu, 28 May 2009 17:09:37 +0000 http://www.videocreditscore.com/?p=2519#comment-758 Doesn't calling and reporting a lost credit card bring down your credit score? Doesn’t calling and reporting a lost credit card bring down your credit score?

]]> By: Kyle http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-752 Kyle Wed, 27 May 2009 22:07:01 +0000 http://www.videocreditscore.com/?p=2519#comment-752 Do you know if getting a new card number also works with a business check card? Do you know if getting a new card number also works with a business check card?

]]> By: VideoCreditScore-Andy http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-750 VideoCreditScore-Andy Fri, 22 May 2009 04:20:03 +0000 http://www.videocreditscore.com/?p=2519#comment-750 I think we are both correct. New tradelines did get opened, but the way the credit bureaus backdate the new tradeline ensures that the score is not impacted -- once the old tradeline is closed and the new one reflects the old backdated open date. So, I guess a 2 month up-down in score is possible. Your first link shows the user had a score drop from an inquiry at the end of the day. The second link person likely had a score drop that returned quite quickly. I love how the second link advisor says to lose your oldest card as they think the multiple old card tradelines will help average age. That won't work as average age is calculated on open accounts not closed accounts. I think we are both correct. New tradelines did get opened, but the way the credit bureaus backdate the new tradeline ensures that the score is not impacted — once the old tradeline is closed and the new one reflects the old backdated open date. So, I guess a 2 month up-down in score is possible. Your first link shows the user had a score drop from an inquiry at the end of the day. The second link person likely had a score drop that returned quite quickly. I love how the second link advisor says to lose your oldest card as they think the multiple old card tradelines will help average age. That won’t work as average age is calculated on open accounts not closed accounts.

]]> By: DJ http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-749 DJ Fri, 22 May 2009 02:52:31 +0000 http://www.videocreditscore.com/?p=2519#comment-749 Andy, I wish what your saying was the case but I believe you are mistaken here. Check it out: http://creditboards.com/forums/index.php?showtopic=392892 http://creditboards.com/forums/index.php?showtopic=387608 Reporting card as lost/stolen, accounts reported to CRA's as closed lost/stolen and new tradeline was created. Andy,

I wish what your saying was the case but I believe you are mistaken here.

Check it out:

http://creditboards.com/forums/index.php?showtopic=392892

http://creditboards.com/forums/index.php?showtopic=387608

Reporting card as lost/stolen, accounts reported to CRA’s as closed lost/stolen and new tradeline was created.

]]> By: VideoCreditScore-Andy http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-748 VideoCreditScore-Andy Wed, 20 May 2009 14:07:52 +0000 http://www.videocreditscore.com/?p=2519#comment-748 Not the case. If they reported it closed, you'd lose your credit history on that account and that would be too damaging, considering the event was not your fault. Imagine if someone with a 15 year credit history had that wiped away. The credit reporting system accounts for this. Not the case. If they reported it closed, you’d lose your credit history on that account and that would be too damaging, considering the event was not your fault. Imagine if someone with a 15 year credit history had that wiped away. The credit reporting system accounts for this.

]]> By: DJ http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-745 DJ Sun, 17 May 2009 16:35:00 +0000 http://www.videocreditscore.com/?p=2519#comment-745 I could have sworn I've seen that when you report cards as lost/stolen banks report your card as closed to the bureau and open up a new tradeline on the credit report for the replacement card. I could have sworn I’ve seen that when you report cards as lost/stolen banks report your card as closed to the bureau and open up a new tradeline on the credit report for the replacement card.

]]> By: VideoCreditScore-Andy http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-742 VideoCreditScore-Andy Sat, 16 May 2009 06:05:57 +0000 http://www.videocreditscore.com/?p=2519#comment-742 It doesn't lower your score because you aren't closing an account. To the bank, you are simply changing account numbers. Your record remains intact. It doesn’t lower your score because you aren’t closing an account. To the bank, you are simply changing account numbers. Your record remains intact.

]]> By: Thomas http://www.videocreditscore.com/stop-subscription-auto-renews/#comment-741 Thomas Sat, 16 May 2009 05:10:20 +0000 http://www.videocreditscore.com/?p=2519#comment-741 Doesn't calling and reporting a lost credit card bring down your credit score? Doesn’t calling and reporting a lost credit card bring down your credit score?

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