RNB (Target) - FINALLY reporting credit limits
Thursday, February 01, 2007
How to use the CDIA eOscar credit reporting manual
The screenshots of the instructions requiring the reporting of credit LIMITS
EVERY type of account is listed in this Manual. Whether it’s the incorrect reporting of collections as tradelines or any other credit reporting issue, just look it up.
2004 Suit (credit limits, credit reporting - on appeal) • Capital One - ruthless banksters • RNB (Target) - FINALLY reporting credit limits • Legal • (0) Comments • Permalink
Wednesday, December 06, 2006
Target reports credit LIMIT for NEW store card
It’s nice to see that my efforts do have some results.
I had recommended the Target store card to clients and to my surprise they reported the LIMIT without dispute.
I don’t know whether they are updating the existing accounts or whether you still have to dispute those limits.
2004 Suit (credit limits, credit reporting - on appeal) • RNB (Target) - FINALLY reporting credit limits • (0) Comments • Permalink
Tuesday, September 26, 2006
Filed appeal to 9th Circuit re. Capital One, Target & Equifax refusal to report credit limit
Paid my $455 fee and the saga will continue. I’ll try to take this to the Supreme Court if necessary and if I can afford it.
There are a number of filings to post, but I’ve been so busy - will update once I get around to it.
2004 Suit (credit limits, credit reporting - on appeal) • Capital One - ruthless banksters • Equifax - countless violations • RNB (Target) - FINALLY reporting credit limits • (0) Comments • Permalink
Saturday, June 03, 2006
Target making mega bucks off high rate credit cards
No wonder Target has so much cash to throw at lawyers.
Target’s credit cards on a hot streak
... Lately, though, Target is seeing a lot more reward than risk. Thanks to higher interest rates, Target is generating more cash from finance charges and late fees, especially from its rapidly growing Visa card, which can be used outside Target stores. Finance charges and late fees netted the company $1.2 billion in 2005, a 16 percent increase from the year before.
During the conference call, an analyst asked Scovanner about selling the credit card business. “It’s growing, and it’s hugely profitable,” he responded. “Those aren’t usually the dynamics that lead one to question whether or not a business ought to be owned.”
The company declined to make executives available for this story.
Analysts are particularly impressed that Target is expanding its credit card business and improving the quality of its customer portfolio. In fiscal 2005, Target wrote off $402 million in bad credit card debt, a 9.4 percent drop from 2003.
Accounts with three or more payments made up 2.8 percent of total credit card accounts last year, compared with 4.2 percent in 2003.
In general, a strong economy has allowed consumers to pay their credit card bills, with Americans increasingly tapping into soaring home prices to consolidate credit card debt.
....
Yeah, people use their equity to pay their credit cards, get cash out through horrible loans, and then they’ll lose the house to the lender. Same old story.
I can see why Target’s credit cards are so profitable. Absolutely NO benefits, no rental car insurance, no extended purchase warranty, no cash back, nothing but high interest rates and poor customer service (I probably don’t have AAA coverage anymore.)
They did finally pay the judgment, but I think it took over a month.
2004 Suit (credit limits, credit reporting - on appeal) • RNB (Target) - FINALLY reporting credit limits • (2) Comments • Permalink
Wednesday, May 10, 2006
More trouble with Target - they charged back the wrong debit
I’ve had the Target Visa since 2002 and a few months ago I submitted my first dispute regarding some crappy software that could only be installed once and I therefore couldn’t use it anymore.
The charge was $79 in December. Target inquired whether I requested a refund from the merchant, I explained that I did, then I got a letter stating that they credited the $79 back.
Then I got my mail last week, including a notice from AAA that I didn’t understand at all. It showed a $79 cash transaction in March and I always pay by phone with a credit card in December or January. Of course the dimwits at AAA could NOT tell me what this was about, only that a check or other payment was returned.
Had to go look through all my credit card statements and finally realized that Target charged back the $79 to AAA.
Called Target on 5/2 and explained their screwup to them several times as I got transferred around. I was supposed to get a call back.
Nobody called and on 5/5 I finally left a VM for Janet as she had supposedly handled my dispute. I requested that she send me an e-mail, I even spelled out my e-mail address and explained that I wanted a copy of their letter with their apology to AAA. Got no e-mail and no phone call.
Today I called again, spoke with Angela 1138 and she told me that they notified the VISA charge-back department. She did NOT know how long it would take to get a letter to AAA and to get them their $79. I asked to speak to someone who DOES know and she told me that there’s nobody.
They’re all clueless idiots at Target?
How they can all be so damn stupid is beyond me. I can see that they screwed up because it’s just not possible for these geniuses to figure out which $79 charge was disputed.
What I can’t accept is their total indifference, that I have wasted several hours on their screwup already and they do NOTHING to ensure that my AAA coverage is reinstated immediately.
2004 Suit (credit limits, credit reporting - on appeal) • RNB (Target) - FINALLY reporting credit limits • (0) Comments • Permalink
