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04-14-2009, 12:07 AM
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I ♥ Yaris
Drives: Black 08 LB MT & red 97 Miata Join Date: Oct 2008
Location: Indianapolis IN
Posts: 1,313
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Beware of Barnes & Noble credit cards
My mom got a Barnes & Noble credit card but didn't use it. After a year, Barnes & Noble canceled the card and reported it to the credit bureaus as "Canceled by creditor" which is the same thing entered when a person doesn't pay their bill and the creditor cancels the card. It's a black mark on her credit. When she asked why they even reported it at all they said that "they weren't making any money off her" so they canceled it. Canceling it is OK by me and my mom, but reporting it to the bureaus is underhanded and hateful. I figure I would let everyone I can know about this so they can be warned about it, so I'm letting you all know!
__________________
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt. - Bertrand Russell |
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