The woman revealed that when she opened the store’s credit card at the Home Depot, after forgetting the $ 9 paint bill, her credit was ruined and her chances of buying a home were at risk.
Gard, whose handle is @cassidygard, usually answers “no” when the clerk asks if he wants to open his credit card, but because the woman at the Home Depot did, it’s impulsive to apply for a credit card in May. I made a decision. good. ‘
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Candid: Cassidy Guard, 31, from Los Angeles, California, shared a tearful public service announcement about the dangers of store credit cards on a viral TikTok video.
Big mistake: TV producer explained that the employee was “very kind” and impulsively agreed to sign up for the Home Depot credit card in May.
“It seemed like it was really special and important for me to open the card,” she said. “So I opened the card, and then I forgot. I completely forgot to open the card.”
Guard was in the process of buying a home four months later when he noticed that his credit score had “slumped above 100 points.”
“With a $ 9 paint can, I’m probably not going to get a mortgage at home,” she said in tears. “This is the stupidest thing I’ve ever done.
“Don’t open your credit card in the store,” she added. “It will ruin your life.”
The candid video received nearly 17,000 comments, some of which were more sympathetic than the other videos.
Many wondered how to handle the responsibility of owning a home, pointing out that it was her fault that she missed the payment.
Oh no: she admitted that she had forgotten her card until four months after she was in the process of buying a house.
Difficult lesson: Guard said her credit score “slumped over 100 points.” This may prevent her from getting a mortgage.
“Opening the card is not a problem. Not paying the invoice is a problem,” one wrote, but another added:
Others were more empathetic, encouraging her to reach out to the Home Depot, and everyone agreed to forget something at once. Some even shared the horror story of their store’s credit card.
“The Lotta people in these comments behave as if they hadn’t thought about it before,” said Tik Toker. “A $ 9 bill could cost her a literal home.”
“I think it’s time to unite and force retailers to stop harassing employees / consumers to apply for credit cards,” someone else shared.
In response to some of the comments, Guard explained that she was traveling during the summer and missed the bill. She took full responsibility for what happened and emphasized that she knew it was her “mistake”.
“Yes, I have a problem,” she wrote. “This is why it’s a PSA, so if other people like me have horrific memories, they understand how damaging this can be.
Disaster: She paid a non-refundable down payment at home before the guard was warned by a ruined credit store.Now she may not even be eligible to buy real estate
Own it: In a comment on her post, she took full responsibility for what happened and emphasized that she knew it was her “negligence”.
Just say no: “Don’t open your credit card in the store,” Guard said. “It will ruin your life.”
In an interview with BuzzFeed News, Guard pointed out that when a Home Depot employee asked to sign up, he was actually using a different language. “Rewards card” instead of “credit card”.
“I don’t think I was completely aware that I was applying for a new credit line,” she admitted. “All I knew was that I was getting a discount on the paint cans I’m currently buying.”
She remembered that she was “hurriedly confused” when she started the card sign-up process. As a result, the first bill was later delinquent.
Mr. Guard said he sought help from Citibank, a home depot credit card company, but was unsuccessful.
According to the producer, the company initially agreed to make a one-time goodwill adjustment to correct the credit score, but after following up with the Home Depot financial services manager, it decided not to make the adjustment. I knew. in the end.
She paid a non-refundable down payment at home before the guard was warned by a ruined credit store. Now she may not even be eligible to buy the property.
“Even if I finally qualify for this mortgage, my mortgage rate will be 3% to 5% higher than it was based on my credit score before this mistake happened.” She said. “The mistakes and the results were not proportional.”
Woman details how forgetting to pay a $9 Home Depot credit card charge ruined her credit score Source link Woman details how forgetting to pay a $9 Home Depot credit card charge ruined her credit score