Egg to ditch dodgy customers

**Platypus** · 1 February 2008, 16:48

Egg really are profiteering swine anyway! I got an egg card when they first came out, the rate was 9.9% and there was 2% cashback. Now the rate is 15.9 or 16.9 there's no cashback and the base rate is a lot lower now than it was then.

I was glad to see the back of my Egg card. I transferred all my worldly debts to someone more deserving!

**MrRobin** · 1 February 2008, 17:17

I always thought Egg were pretty selective on who they lend to anyway.. I remember when I was a poor student and needed my first card I applied but was denied. Barclaycard, on the other hand, couldn't get enough of lending to me and I racked up several thousands in a year

**interested** · 1 February 2008, 18:31

F**kers! - they've done it to me. No idea why, I've got a limit of a few grand and I've got a balance of about £600 and haven't missed a payment or been over my limit ever!

What's the best way to annoy them? pay off the balance but leave about 2p on it? What will cause them the greatest administrative burden/maximum annoyance?

**HairyArsedBloke** · 1 February 2008, 18:35

Originally posted by DimPrawn View Post

Cardholders will still be able to continue with minimum monthly repayments..

That's nice of them.

I suppose they could have demanded full payment

**AtW** · 1 February 2008, 18:35

Originally posted by interested View Post

What will cause them the greatest administrative burden/maximum annoyance?

Take maximum amount of debts and then kill yourself.

HTH

**BrowneIssue** · 1 February 2008, 19:20

Originally posted by interested View Post

F**kers! - they've done it to me. No idea why, I've got a limit of a few grand and I've got a balance of about £600 and haven't missed a payment or been over my limit ever!

What's the best way to annoy them? pay off the balance but leave about 2p on it? What will cause them the greatest administrative burden/maximum annoyance?

Congratulations! Welcome to the club! The club of people who have had a credit card withdrawn.

So, like me, you will now have a record on your credit history that will remain until six years after you have paid off the credit card.

NatWest did it to me when they got took over by the Royal Bank of Scotland. They lost the plot in customer services at that time. When I asked for a capital repayment holiday on a loan their reaction was to withdraw my accounts, the loan and my credit card.

You didn't want a mortgage or a loan or an overdraft facility or another credit card, did you? No? Just as well.

Happy days.

**ASB** · 1 February 2008, 19:25

Nice to know I'm dodgy.

Had a card for some years, generally spend approx 70k pa on it. All my expenses etc go through it.

It's paid in full every month. The only debt I carry is 500 quid on a mortgage, in fact I also have substantial liquid asset as well.

I'm quite impressed. Just what do you have to do to pass citis' lending criteria.

What it actually says is: The decision to end this agreement has been based on an assessment of the credit profile of this account in accordance with our credit strategies.

I suspect this means they are pissed at me because they can't stiff me with extortionate interest charges.

Bastards.

Edit: It does also say "We will not record adverse information with credit reference agencies just because we are ending your agreement". No well that won't have to will they. Just recording that they ended it ought to do the trick. Instance substantial minus in the rating process.

**AtW** · 1 February 2008, 19:34

Originally posted by ASB View Post

Just what do you have to do to pass citis' lending criteria.

Make them profit, ie borrow a lot from them, buy insurance, and never pay in full - get deeper and deeper in debt and you will be their best customer (until you go bankrupt).

HTH

**HairyArsedBloke** · 1 February 2008, 19:36

Originally posted by BrowneIssue View Post

You didn't want a mortgage or a loan or an overdraft facility or another credit card, did you?

Or to subscribe to any service like telephone, sky, or the utilities such as electricity and gas; or to enter a rental agreement for a home?

Or a job working in finance? We are going to need loads of immigrants to do the jobs dishonest, feckless, and homeless British are not allowed to do.

Edit: since when has F ec kless a rude word?

Egg to ditch dodgy customers