Macys Credit card services Complaint - Macys strange way of rewarding customers for having a credit card account
CALIFORNIA -- My wife and I have had macys credit cards for approximately 20 years. My wife recently had a macys card lost of stolen, we do not no which one. she reported it before anything was charged on it. they rewarded us for being honest and reporting this as soon as possible by putting negative information on our credit report. We have never had a late payment and have 800 fica scores out of 830. Because of reporting the one card lost or stolen and their negative info, they cost my wife 10 points on her credit score and now I was just notified of the same to my credit report. I would suggest that people boycott Macys department store, at the least now you know if you did not already. Have a card lost or stolen and macys will post negative info on your credit report. It is time consumers band together and boycott macys, cut your cards up and send them back. this practice is wrong, and should be stopped. Boycott Macys, Boycott Macys, Boycott Macys. Make them pay for treating consumers this way. to clarify, My wifes credit report went down approx. 10 points because of macys. I know this because it is the only possible negative information on either of our credit reports through credit expert, (experian) if any one would like me to prove this I would be more than happy to. It says on credit report possible negative info. lost or stolen credit card. and now it is showing up on my account today. My wife is the primary and I did not lose my card. we have had a 0 balance for quite some time.