• Report: #390575

Complaint Review: Aspire Credit Card

Featured Ripoff Reports

Past Featured Reports

Ripoff Report Corporate Advocacy Program
Help support Ripoff Report. Donate today.
Ripoff Reports Legal Ads

Ripoff Report Legal Directory

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Wednesday, November 12, 2008
  • Last Posting: Monday, November 17, 2008
  • Reported By: — Stokesdale North Carolina
Aspire Credit Card
Atlanta Georgia 30348-5341 U.S.A.

Aspire Credit Card Recieved a letter in the mail today that they have closed my account to new transactions and may refuse to authorize any new transactions effective November 25th, 2008. Effective immediately my credit limit is $100.00. They still want money for people that may owe them but my balance is "0". I have also been told that it can hurt your credit score if this happens. Anyone know if that is a fact? Atlanta Georgia


1Author 3Consumer 0Employee/Owner

Respond to this Report

  • Respond to this report!
    What's this?
  • Also a victim?
    What's this?
  • Arbitrate
    Set The Record Straight!
  • Repair Your Reputation
    ...the right way!
    Corporate Advocacy Program
Recieved a letter in the mail today from Aspire that they have closed my account to new transactions and may refuse to authorize any new transactions effective November 25th, 2008. Effective immediately my credit limit is $100.00. They still want money for people that may owe them but my balance is "0". I have also been told that it can hurt your credit score if this happens. Anyone know if that is a fact? How can they just up and close an account knowing they could hurt someones credit score. I hope someone can help us out. This really irritates me!!

Terri
Stokesdale, North Carolina
U.S.A.

This report was posted on Ripoff Report on 11/12/2008 2:23:49 PM and is a permanent record located here: http://www.ripoffreport.com/miscellaneous-companies/aspire-credit-card/aspire-credit-card-recieved-a-23y65.htm.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Aspire Credit Card

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Arbitrate
Remove Reports?
No! Better yet! Arbitrate to set the record straight!
REBUTTALS & REPLIES:
1Author 3Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

It depends

AUTHOR: Nikki - Coconut Creek (U.S.A.)

SUBMITTED: Wednesday, November 12, 2008

It depends on what your limit was before they reduced it to $100. If it was only $500 and they reduced it to $100, it wouldn't count for much of a score change. If it was thousands, then it may matter.

It also depends on how long you have had the account and if they list it as closed on your report. If you have had the account for a few years or less, it won't matter much to not be counted as an open account. If you have had the account for many years, then it will hurt to have an old account that was used toward history to be closed. The reporting agencies do not use good standing accounts that are closed and paid to figure your score.
Respond to this report!
What's this?

#2 Consumer Comment

Don't let them close your account

AUTHOR: Rrrric - Las Vegas (U.S.A.)

SUBMITTED: Monday, November 17, 2008

I am going to close my account first. I only owe them $8, and, I paid then with an EFT from my bank today so that tomorrow I can call and close my account. I figure it will look better on my credit reports if I closed my account rather than they did.
Respond to this report!
What's this?

#3 Consumer Comment

posted last week

AUTHOR: Laurie - Haslet (U.S.A.)

SUBMITTED: Monday, November 17, 2008

http://www.ripoffreport.com/reports/0/391/RipOff0391182.htm

Aspire is getting out of the credit card business altogether. That is why they are closing accounts.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Ripoff Report Verified Safe

Advertisers above have met our
strict standards for business conduct.

Ripoff Report Legal Directory