Don't you still have to pay that ?
To "claim" against your owed CB?
Risky. Don't they have a lot of leverage (interest, credit score)?
Yes but can be used as leverage.YesNot really.
Interesting idea. I may have to do the same.
Once they shutdown do they still owe you the CB ?
You guys thin that the credit bureau will take this as an excuse?
Not relying on it and my score will not be affected too much even if i leave the full remaining balance on my card.
So my score goes from 800+ to say 780. No big deal.
it seems that you guys plan on using the balance as a leverage for the rewards (and never ppay the balance) am I missing something?
And for many $$$'s, i will take the loss of points for a month.
I don't think it would come to that.
You are missing a few $$$ (no decimal point).
I am trying to play the spend/earning down
I know some ppl who were AA'ed by Chase with balances of 50k and when Chase told them that they fortify all the UR the go just told them "okay NP, I also have a policy of not paying my balances when my card is closed"
And how did it work out?
They are playing cards in a cell with Buba.