BLACKLISTED: Who blacklisted you? How did it happen? How did you fix it?

There's no thread on this yet. I thought I'd start one.

What financial institution blacklisted you? Why did they? How long is the blacklist good for? Were you able to resolve it?

Enjoy

I'll start:

Chase credit card: closed all of my cards and DW's cards (10 personal, 1 business). Total CL about $200k.
Why? Bank funding and 0% float. Happened 2008. DW tried applying for an AMZN card (serviced by Chase) 2 years later and was denied. Reason for denial "Previous unsatisfactory relationship with us" or something to that effect. I'm not sure if I should apply for the AARP card. I think the blacklist is still active.

Discover: closed my card in 2007. Why? 0% float.

Citibank: closed my checking accounts as they didn't like me depositing churn cash then pulling from Ally within the next day or so. Typical balance on checking account <$100.

USBank: closed my checking account as they didn't like me depositing churn cash then pulling from Ally within the next day or so. Typical balance on checking account <$100. Bank manager phoned me and asked me where I was getting the money. I said that I sell stuff on eBay. He asked what it is I sell. I said "stuff". He closed my account a few days later.

alpinewhite said:   Why? Bank funding and 0% float.
I apologize for my ignorance, but what does that mean?

AMEX: closed my all 4 account last year ($90K+ CL)
Reason: One of my online checking accounts had one $2 payment scheduled to one of the above AMEX cards. I closed that checking account (through bank's Customer service) couple of months earlier before the payment scheduled date. On scheduled date, bank still made $2 payment to card but after one week, it took back $2 since there was no balance.
AMEX closed all my accounts based on the returned check.

Quetsol said:   
Wow, I can't believe that for only $2 bucks and for a bounced payment they would shut down your accounts. Quite harsh. Did you try to explain to them what happened? and have they given you back a credit card since?
Yup, I called them couple of times. All they said they will look into it but nothing happened. My 8+ years of perfect credit history with AMEX gone.
BTW, while closing the account with online bank, I asked specifically if there is any bill payment pending, he told me nothing is pending.

Blacklisted by AMEX a few years ago. Have not bothered to reapply with them since. They were giving 25k points (good for $250 gc at certain retailers) for opening a business gold card after first purchase. After all was said and done I applied for a few hundred cards and got approved and got the points for roughly half. All those inquiries dropped off Equifax about 18 months ago. Good times

alpinewhite said:   I'll start:

Chase credit card: closed all of my cards and DW's cards (10 personal, 1 business). Total CL about $200k.
Why? Bank funding and 0% float. Happened 2008. DW tried applying for an AMZN card (serviced by Chase) 2 years later and was denied. Reason for denial "Previous unsatisfactory relationship with us" or something to that effect. I'm not sure if I should apply for the AARP card. I think the blacklist is still active.

Same exact thing happened to me in 2009. Transferred money from my Discover card onto my Chase card and requested a check. They were really suspicious about it and wouldn't do it for about a month. They kept giving me the run around on the phone. Finally they did it and closed all my accounts.

Still can't apply for Chase cards. They just sent me an application in the mail for one of their biz cards--the first time I've ever seen it--so maybe they are wanting to mend the relationship.

corporateclaw said:   Maybe I shouldn't read this thread, since I spend so much time reading the other threads and trying to think about all the neat things you guys do, but then hearing these kind of adverse action stories might scare me off.

As Alfred Lord Tennyson wrote, 'tis better to have AOR'd and been blacklisted than never to have AOR'd at all.

A little bit off-topic but I am blacklisted from Crutchfield (mail order electronics store) for buying $10,000 worth of Bose equipment and reselling them. Found a niche market where I can resell. They suspected I was reselling them but had no prove. Bose forced them to blacklist me. Good old eBay days. I found it ludicrous though that a person cannot resell their property.

I think I've only been blacklisted by Chase...

2 CC CO's and an auto loan I couldn't keep up with and had to return the car. Had checking account and CC with WaMu and the CC disappeared with the conversion. I'll wait till the COs fall off from my credit reports before I apply with Chase again...if I even want to.

SS7Man said:   A little bit off-topic but I am blacklisted from Crutchfield (mail order electronics store) for buying $10,000 worth of Bose equipment and reselling them. Found a niche market where I can resell. They suspected I was reselling them but had no prove. Bose forced them to blacklist me. Good old eBay days. I found it ludicrous though that a person cannot resell their property.

You mean you actually managed to profit by selling their overpriced electronics off eBay?

I've got blacklisted by AMEX giftcards - by address, everyone in my household.

In Nov-Dec of 2009 I run 25-30K of these, they suspended the tail end of these without releasing my credit line (even on AMEX cards). I made a fuss over at corporate in NYC, they released my funds but said the won't sell me any GCs.

That did not affect AMEX at large.

Asian Pleasure Palace, Took out an eye.

note to self.. no BT to chase CC

Chase and AMEX seem to dominate as the blacklisters. Chase coming in first. Is there any information regarding people's experiences about being unblacklisted? From what I've seen on the net, Chase seems to take about 3 years, but that is not really confirmed. I wonder if having large deposits in Chase bank can do something to smooth over the CC people?

Got blacklisted from AMEX a few years ago after increasing each of my cards to 25K online. Took out a bunch of BT and they closed all of my accounts. I even submitted W2 to show income verfication. I guess they figured I was a bad customer. I still have very generous line at Chase,BofA, Citi,Discover.

My wife tried to get a Costo AMEX with my name attached to the account.. Denied! I guess I am still blacklist.

SUCKISSTAPLES said:   Crutchfield coupons and Bose headphones?

Using combinations of Crutchfield coupons, free shipping, and a Bose promo at that time to receive a free Bose CD player for every noise cancelling headphone (the expensive one for $299) purchase that was actually worth something. Yeah Bose sucks but their marketing is amazing and around that time, their reputation were very good and everyone wanted a Bose headphone and CD Player. I was told explicitly not to ever order from them again because I was blacklisted. Found out it was true too when I tried to place some small orders with the same address under different names. Not sure about Crutchfield, but Bose have VERY STRICT terms that Crutchfield must meet and that includes making sure their products are not being resold.

frys.com will no longer let me order from them after I filed a chargeback against them.

I ordered a flat-panel TV from them. FedEx destroyed it during shipping, and sent it back to them. It was received by their warehouse in Ohio (and I had tracking to confirm), but at the time they were moving to a warehouse in Tennessee and it got sent there and lost in the process. After arguing with them on the phone for weeks, I filed a chargeback on my AMEX and won.

Several months later on Black Friday I tried to order a bunch of FAR stuff from them. My order didn't ship, and after a few days I emailed them. They told me I had to call them, and when I did they told me that because I had filed a chargeback I couldn't order from them anymore.

FarfyGuantanamo said:   Chase nailed me after I took them for about 2000 bucks of rewards in a month.
Airline tickets, gift cards, Amazon stuff..
"Previous unsatisfactory relationship..."

My story is almost verbatim. I purchased 6 figures worth of stuff from Amazon and received 3% back in Amazon credit for all of it. Thankfully I was not blacklisted from Amazon as that would have been far worse. Chase, however, still won't let me have a card. I became blacklisted in February of 2008 and just recently applied for the AARP card and was denied. So the list lasts at least 3 years!

Chase Blacklisted me. 4 cards, ~40k in CL. Did an AOR 2 summers ago, transferred a good bit of student loans onto my 0% cards. NOTHING TO CHASE. They subsequently killed all 4. Can't even get in on any of those airlines cards, because they're all back by Chase.

AMEX killed me back in the college days for not having income verification. Im thinking of applying for the Costco AMEX.

goku2 said:   alpinewhite said:   I have a $10k cashier's check that I needed to pay down my Citi CC. It was made out to AlpineWhite instead of Citibank. So, I walk into a Citi branch.

AlpineWhite: I need to pay this CC with this Cashier's Check.
Citi: I can't do that because this Cashier's Check is made out to you. We can deposit it into your account, then, xfer the money to your CC.
AW: I no longer have an account with you guys (remember the bank funding days?)
C: We can open an account for you if you wish
AW: May I close it immediately after the xfer has been made?
C: Um. I guess
AW: I guess I can keep the account open. It will be dormant, though.
C: I won't open the account if you plan to close it immediately.
AW: Go ahead and open it. I won't close it (in my mind, for another week, lol)

New Account rep proceeds and asks me for my SSN. She types it in and leaves. A minute later, the Branch Manager talks to me while looking at a piece of paper.

BM: Mr AlpineWhite, we can't open an account for you. Something here is preventing us from doing so.
AW: Do I have bad credit? Was it Chex-System?
BM: Neither. It just says that we can't open an account for you.

I smiled and walked away with my Cashier's Check. I guess the blacklist from the bank-funding days is still haunting me. Lol.can you cash the check at another bank?
Yes, I ended up depositing it at my other buddy bank, Chase.