My first ‘professional’ job was working for a credit company. I used to watch women come in and try to buy furniture on credit, but they hadn’t established any in their own name and couldn’t qualify. I made a promise to always have credit in my own name. In fact, when I married my current husband, I was sent a new application to include my new husband on the card. I refused to fill it out. I called them up, explained I was the same person I had been before the name change, had never missed a payment and there was no reason to believe I couldn’t have the card solely in my name. They backed off.
Women today still don’t have credit in their own name. If they become single through a divorce or death, it’s like they don’t exist. It’s a shame.
I called up Chase this afternoon and worked my way up the chain of command until I talked to Steven. When I explained this was my credit history and begged a little bit, the card was reinstated.
I know this is has happened to others since I’ve been reading about it on blogs and forums today. My suggestion is to give them a call. I don’t know that you can get your card reinstated, but there’s no harm in trying.
I was assured my credit score wouldn’t be affected, but I’m not convinced. Your credit score is based, in part, on the ratio of credit available to you and your outstanding debt. If they cancel a credit card, that ratio could drop and change your score. In today’s world it’s not worth the risk.